The US economy lost momentum over the past three months and Massachusetts is expected to follow as consumer spending slows and the economic crisis in Europe takes its toll.
Although the Massachusetts economy grew at more than double the national rate, according to report released Friday by the University of Massachusetts, a slowdown in the state is imminent, in large part because of the anemic national recovery, analysts said. The state’s economy expanded at a 4 percent annual rate from April to June, UMass said, but the national economy grew at just 1.5 percent, the US Commerce Department reported Friday.

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The US economy will stayed mired in a recession indefinitely as long as big firms like State Street Corp continue to outsource thousands of good paying middle class jobs. If the congress and the media pressured the CEO Jay Hooley and his Operations man Allen Greene and the Board of Directors of STT then the outflow of the firms current off-shoring target (Its fund Administration Dept) would be saved and 740 Boston jobs along with it.
The US economy will stayed mired in a recession indefinitely as long as big firms like State Street Corp continue to outsource thousands of good paying middle class jobs. If the congress and the media pressured the CEO Jay Hooley his Operations man Allen Greene and the Board of Directors of STT then the outflow of the firms current off-shoring target (Its fund Administration Dept) would be saved and 740 Boston jobs along with it.
The US economy will stayed mired in a recession indefinitely as long as big firms like State Street Corp continue to outsource thousands of good paying middle class jobs. If the congress and the media pressured the CEO Jay Hooley his Operations man Allen Greene and the Board of Directors of STT then the outflow of the firms current off-shoring target (Its fund Administration Dept) would be saved and 740 Boston jobs along with it.
If only Mitt would invest a portion of his fortune in America, instead of the Cayman Islands???