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Economists see growth for Mass., but risks loom

The Massachusetts economy should grow modestly this year and slowly bring down the unemployment -- provided energy prices and the European debt crisis don’t spin out of control, a group of leading local economists said. The economists noted a number improving indicators that suggest the economic recovery will remain on track. Unemployment is down, production is up, and national economy is on the mend. But events beyond the state’s borders could derail the state’s recovery.

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Comments

Massachusetts jobs will not continue to grow as companies such as our own State Street Corp (STT) continue to send thousands of middle class Massachusetts jobs to INDIA in a joint venture with SYNTEL corp (SYNT) of TROY MICHIGAN. Jay Hooley and his Operations "GURU" Allen Greene must be sent a message by the Massachusetts State Treasurers office in the form of a formal statement that Massachusetts intends to DIVEST all holdings and all dealings with State Street Corp until it returns the 1200 jobs it sent to Punea INDIA from Quincy MA, after receiving a $2-3 Billion TARP BAILOUT from the AMERICAN PEOPLE..