Spring rebound after harsh winter for Mass., US economies
Boston Globe - 07/30/2014
This spring, labor markets gained strength locally and nationally, the UMass report said, rebounding after an unusually harsh winter that slowed consumer spending and exports.
Massachusetts employment grew at a 1.7 percent annual rate in the second quarter, up from 1.2 percent in the first quarter, said Alan Clayton-Matthews, a professor of economics at Northeastern University who compiles and analyzes the data used in the UMass estimate.
Nationally, employment grew at a 2.2 percent annual rate in the second quarter, up from 1.5 percent in the first.