Social and Behavioral Sciences Commons^™

2007'S Housing Market: Not Yet Recovering From Recent Ills, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

The Massachusetts economy is currently on a trajectory that is similar to that of the national economy, at least as measured in the aggregate. During the second quarter of the calendar year, the U.S. economy grew at an annualized rate of 3.4 percent. During the same period, the Massachusetts economy grew at 3.6 percent annual rate of growth, down from a strong 4.1 percent rate in the first quarter. The state’s economy is being pulled in two directions. On the upside, strong demand for the state’s technology, science, knowledge, and health-based goods and services is creating good job and income …