Report: Mass. Economy Apparently Grew At Twice The National Rate
The Massachusetts economy appears to have grown at twice the national rate during the first three months of this year.
A report by the University of Massachusetts and the Federal Reserve Bank of Boston finds the state economy expanded at an annualized rate of 4.5 percent. That follows a slowdown in the previous quarter.
The national economy grew by just over 2 percent.
Economists caution that the data is preliminary, but say there are several other indicators consistent with strong state growth.
This program aired on April 27, 2012. The audio for this program is not available.