Home > Recession in Boston > Is the recession over in MA?

Is the recession over in MA?

Here is an exerpt from the Boston Globe.  I really think the opening paragraph sums it up.

“Supported by universities and hospitals, and buoyed by a housing rebound, Massachusetts has pulled out of recession ahead of most states and could start to add jobs steadily in coming months, according to a leading economic forecasting firm.”

The article goes on to say

“… Home sales have risen at double-digit rates from the previous year for four consecutive months, while prices have risen in each of the past two months, according to Warren Group, a Boston company that tracks the real estate market”

If you want to read the whole article, you can find it here.  From what I have seen over the last 6 months in Boston I could not agree more.  Your thoughts?

Categories: Recession in Boston
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