Now Playing
Podcasts & RSS Feeds
| All Content |
| RSS |
| View all podcasts & RSS feeds | ||
Connect with Us
Most Active Stories
- Dr. Jeffrianne Wilder, University of North Florida – Skin Color and Racism
- Boston Bombing Suspect's Body Finally 'Entombed,' Police Say
- Dr. Zlatan Krizan, Iowa State University – Envy and Narcissism
- Dr. Frank Elgar, McGill University – Psychological Health and Family Meals
- Mass. Medical Marijuana Regulations Approved, Communities Prepare For Dispensaries
New England News
12:00 am
Thu December 6, 2012
Report Predicts Sluggish Economic Growth in New England
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.