A program of the Economic and Public Policy Research Group at the UMass Donahue Institute
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Massachusetts economy slows in Q1, UMass journal reports

Massachusetts real gross domestic product grew at a 1.6 percent annualized rate in the first quarter of 2018 according to the MassBenchmarks Current Economic Index, released today by MassBenchmarks, the journal of the Massachusetts economy published by the UMass Donahue Institute in collaboration with the Federal Reserve Bank of Boston. Nationally, real gross domestic product grew at a 2.3 percent annualized rate according to the U.S. Bureau of Economic Analysis (BEA). In the fourth quarter of 2017, MassBenchmarks estimates that the Massachusetts economy grew at a 2.6 percent rate, and the BEA estimates that the U.S. economy grew at a 2.9 percent rate.

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