A program of the Economic and Public Policy Research Group at the UMass Donahue Institute
in collaboration with the Federal Reserve Bank of Boston

Current and Leading Indexes

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State economy slowed in the 4th quarter of 2018

In the fourth quarter of 2018, Massachusetts real gross domestic product grew 2.1 percent according to MassBenchmarks. Due to the recent and extended shutdown of the federal government, the U.S. Bureau of Economic Analysis estimate of national economic performance in the final quarter of 2018 has been delayed. Independent forecasters estimate that U.S. real gross domestic product grew between 2.6 and 2.7 percent, according to recent estimates by a Wall Street Journal survey of economists and by the New York and Atlanta Federal Reserve Banks' "Nowcasts." The release date for the official advance estimate of national Gross Domestic Product has not yet been determined.

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