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Report Says Massachusetts Economy Slowing

WAMC file photo

A new report finds the Massachusetts economy slowed  sharply in the third quarter. WAMC’s Paul Tuthill reports

According  to the economic journal, MassBenchmarks, the state’s real gross domestic product grew by 1 point 9 percent in the third quarter of his year.  That put the state’s economy on a more sluggish pace than the nation’s.   The U.S. Commerce Department reported Friday that  GDP in the third quarter grew 2 percent.    The  MassBenchmarks report noted that payroll employment growth slowed in the third quarter and the state’s unemployment rate climbed a half percentage point.  Economists have said the Massachusetts  economy is being hurt by reduced demand  for technology products and a drop in exports to Europe.

Paul Tuthill is WAMC’s Pioneer Valley Bureau Chief. He’s been covering news, everything from politics and government corruption to natural disasters and the arts, in western Massachusetts since 2007. Before joining WAMC, Paul was a reporter and anchor at WRKO in Boston. He was news director for more than a decade at WTAG in Worcester. Paul has won more than two dozen Associated Press Broadcast Awards. He won an Edward R. Murrow award for reporting on veterans’ healthcare for WAMC in 2011. Born and raised in western New York, Paul did his first radio reporting while he was a student at the University of Rochester.