MassBenchmarks: Massachusetts economy slows in first quarter of 2018
From the MassBenchmarks Bulletin:
The Massachusetts economy is now operating at virtually full capacity, but its growth is slowing due to demographic constraints on the labor force. This demographic-induced slowdown has been on the horizon for years and it now appears to be directly restraining state growth in employment and economic activity. Since the expansion began in mid-2009, the state has been consistently keeping pace or growing faster the nation. But with an older workforce than the nation, Massachusetts appears to be entering a phase where it experiences slower growth than the U.S. for the foreseeable future.
April 27, 2018