Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Public Policy and Public Affairs Faculty Publication Series
Aggregate economic activity in Massachusetts during the first half of the year slowed to a halt, with declines in manufacturing offset by continued expansion in the rest of the economy. The Massachusetts economy appears to be weaker than that of the nation and may even have contracted during the second quarter.
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Public Policy and Public Affairs Faculty Publication Series
Pain and anxiety are accompanying the news of an economy that has not grown since December. The Massachusetts Current Economic Index, a proxy for real gross state product growth, was actually lower in April than it was at the end of last year, and it is only 1.5 percent greater than in April 2000.
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Public Policy and Public Affairs Faculty Publication Series
The recession watch is on. The outlook for Massachusetts in 2001 is uncertain, and the downside risks appear to be gaining momentum. What was a favorable industry mix in 2000 may turn out to be unfavorable in 2001, if emerging signs of a worldwide decline in demand for technology products are realized. The chances of a downturn have not been higher in a decade.
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Economic Currents: The State Of The State Economy, Alan Clayton-Matthews
Public Policy and Public Affairs Faculty Publication Series
While the state’s economy is still growing, albeit at a much slower rate than in the 1990s, there is a risk of a serious deceleration of economic activity. The evidence we have still favors a “soft landing” for the economy, but the risks of recession appear to have risen substantially.