Mass. GDP expands at 7.9% annualized rate in Q4

PBN Staff

01/28/2021

MASSACHUSETTS GDP increased at a 7.9% annualized rate in the fourth quarter. / COURTESY MASSBENCHMARKS — MASSACHUSETTS' GDP increased at a 7.9% annualized rate in the fourth quarter. / COURTESY MASSBENCHMARKS

PROVIDENCE – Massachusetts' gross domestic product increased at a 7.9% annual rate in the fourth quarter, faster than the nation's annualized rate of 4%, MassBenchmarks said on Thursday. GDP in Massachusetts had increased at a 33.1% annualized rate in the third quarter. MassBenchmarks said that the slowdown was expected in the fourth quarter and, “reflects…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.