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New Economic Forecast Suggests Surge In Manufacturing

A new economic forecast suggests continued growth in Massachusetts, with construction jobs on the incline and a projected surge in manufacturing jobs. (AP Photo/Steven Senne)

A new economic forecast released by the New England Economic Partnership suggests continued growth over the next five years in Massachusetts, with construction jobs on the incline and a projected surge in manufacturing jobs. (Steven Senne/AP)

A new economic forecast released by the New England Economic Partnership offers an optimistic outlook for  Massachusetts and for the region as a whole over the next five years.

Anchored by a projected rise in employment and deliberate but steady economic growth, the forecast points to a surge in manufacturing, of all things, as a catalyst.

Guests

Alan Clayton-Matthews, director of the New England Economic Partnership and an economist at Northeastern University.

More

New England Economic Partnership 2013 Economic Outlook, View the regional forecast, as well as the individual forecasts for each of the six New England states.

The Boston Globe, “Although Massachusetts is in the midst of a slowdown in hiring, the five-year forecast by the New England Economic Partnership shows the state’s economy adding jobs at a significant pace beginning next year. Employers will add about 30,000 jobs this year, about 50,000 next year, and more than 70,000 in 2015, according to the forecast.”


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