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Massachusetts

Bay State growth gains as U.S. 1st-quarter rate sags

BOSTON – Hours after the Massachusetts House of Representatives approved an annual budget bill calling for modest spending increases, federal officials reported Thursday that the U.S. economy nearly stalled last winter, declining from relatively modest growth rates over the past two years. By contrast, a local assessment showed that Bay

Massachusetts

Massachusetts ranks No. 1 in ‘innovation’ industries

BOSTON – Massachusetts outranks all other states in terms of its "Innovation Economy," which has helped drive the Bay State's standard of living higher than most others, according to the latest assessment from the Massachusetts Technology Collaborative in Westborough. The Bay State's innovative industries mostly

economy

US economy slowed as 2015 came to a close, report shows

WASHINGTON (AP) — The U.S. economy's growth slowed sharply in the final three months of last year to a 0.7 percent annual rate, the Commerce Department reported Friday. Consumers slowed spending, businesses cut back on investment and global problems trimmed exports. The slowdown could renew doubts about