Mass. GDP expands at 7.9% annualized rate in Q4

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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…

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