Economist: U.S. On 'Edge' Of Double-Dip, But Mass. Faring BetterPlay
Amidst the volatile markets, here and overseas, there's renewed speculation that the U.S. could be heading into a double-dip recession. If that happens, how would Massachusetts fare?
Alan Clayton-Matthews, an economist and professor of public policy at Northeastern University, joined Morning Edition Wednesday to consider that question.
According to Clayton-Matthews, the U.S. is on the "edge" when it comes to a possible double-dip recession.
"I think we can avoid that here [in Massachusetts]. I think the nation is really close to this, we're on the edge. We should continue to do a bit better in Massachusetts because of our technology mix," he said.
This program aired on August 10, 2011.