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Report Predicts Sluggish Economic Growth in New England

Money

A new report predicts continued sluggish economic growth in New England and cautions that most states in the region will not return to pre-recession employment levels until 2015.

The four-year forecast released Wednesday by the New England Economic Partnership says Massachusetts, New Hampshire and Vermont will have the strongest economies in the six-state region, while Rhode Island will continue to experience the highest unemployment.

The economists said Maine and Connecticut will also struggle to reach pre-recession jobs levels before the end of 2016.

The forecast assumes some sort of compromise in the ongoing "fiscal cliff" negotiations, but warns that New England — because of its higher than average per capita income — could be hit harder than the nation as a whole if there is no deal and taxes go up.

Copyright 2012 The Associated Press. All Rights Reserved.

Lucas Willard is the Executive Producer of WAMC's Northeast Notebook. After joining the station in 2011, Lucas has held several titles at WAMC, including Berkshire Bureau Chief, Southern Adirondack Bureau Chief, and Assistant News Director.