COVID-19 Update: The UMass Donahue Institute is currently operating normally and institute staff are working virtually from home at this time. If you wish to call the institute, phone (413) 545-0001. Please see this message to learn more about what we are doing in response to the pandemic.

Media Coverage

Massachusetts economy grows 3.3%; labor shortage feared

From the article: 

The Massachusetts economy closed 2017 strong, according to estimates released Friday by MassBenchmarks, a journal published by the UMass Donahue Institute in collaboration with the Federal Reserve Bank of Boston.

The Bay State economy grew by 3.3 percent in the fourth quarter of 2017. That beats the national average of 2.6 percent during the same period, according to the U.S. Bureau of Economic Analysis. 

MassBenchmarks editors predict 2.8 percent growth in the first three months of 2018 and 3 percent growth in the second quarter of this year.

But the state's labor market is tightening and employers might have to constrain growth because they can't find workers to fill jobs, according to the report. It's a warning the economists who write MassBenchmarks have issued before.

Read the original MassBenchmarks report.

Read article: Massachusetts economy grows 3.3%; labor shortage feared

Go Back

Contracting with Us

The UMass Donahue Institute is pre-approved to offer a variety of options for streamlined, simplified contracting both within Massachusetts and at the federal level.

Learn More
GSA Logo CommBuys Logo Commonwealth of Massachusetts Logo

UMass Donahue Institute

University of Massachusetts

Office of the President

100 Venture Way, Suite 9

Hadley, Massachusetts 01035

(413) 545-0001

.(JavaScript must be enabled to view this email address)

Related Links

Receive our Newsletter

Connect with Us