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  • 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.