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The Boston Globe


Mass. economy sees surprisingly strong growth

After a period of lackluster economic growth, the ­Massachusetts economy sprang to life in the first three months of this year as hiring increased, incomes rose, and consumer spending rebounded, according to a new report by the University of Massachusetts and the Federal Reserve Bank of Boston.

The state’s economy grew at a solid annual rate of 3.9 percent between January and March, accelerating from 2.4 percent at the end of last year and significantly outpacing national economic growth. The US economy grew at a ­disappointing 2.5 percent ­annual rate in the first three months of the year, after barely growing at all at the end of 2012, the US Commerce Department reported Friday.

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