A fiscal forecast for Massachusetts If 40 pages of statistics, tables, graphs, and economic analysis could generate any buzz at all, the state’s release of its report on long-term fiscal policy would have garnered front-page headlines. Indeed, it should have, for this may be the first time ever a governor has asked for a five-year budget plan anticipating future revenues […]
Mass Live Massachusetts state tax revenue growth rolling along, analysts say Northeastern University economist Alan Clayton-Matthews had the rosiest forecast for fiscal year 2023, projecting that Massachusetts could collect as much as $40.795 billion based on “a very sanguine economic outlook.” That would represent 6.5 percent growth over his fiscal year 2022 forecast of $38.301 billion, he said.
The Boston Herald Experts: Mass. economy will bounce back next year The Bay State’s economy will grow slowly this year before bouncing back in 2014, while the state’s unemployment rate is poised to fall to 5.2 percent by the last quarter of 2017, according to an economic forecast released today by the New England Economic Partnership. Massachusetts payroll employment is expected to grow 1 percent this […]
The 2013 outlook: Slow hiring, then it picks up The fastest job growth will occur in construction, as housing and commercial real estate markets rebound, as well as in two technology related sectors, professional and business services and information services, and leisure and hospitality, according to forecasts. The economy will “slowly accelerate, and by the end of the year we should have stronger growth,” […]