Report: Mass. GDP grows at 11.3% annual rate in Q1

PBN Staff

04/29/2021

MASSACHUSETTS GDP increased at an annual rate of 11.3% in the first quarter of 2021, according to MassBenchmarks. / COURTESY MASSBENCHMARKS

PROVIDENCE – Massachusetts gross domestic product was estimated to have risen at an 11.3% annual rate in the first quarter, significantly faster than the U.S. growth of 6.4% in that time, according to a report from MassBenchmarks Thursday. "Economic growth in both the state and the nation in the first quarter exceeded expectations for two…

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