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Economy Overview

United States | Boston, MA

Report | Boston Economy Overview - Winter 2010

Summary

The local economy will remain in recession for one more quarter, but is set to resume growth in early 2010.Greater Boston’s unemployment rate has declined over the past two months, but will expand slightly in the coming months as discouraged workers resume their job searches. Consumer confidence has improved substantially from the first half of the year, but the disparity between current conditions and future expectations questions the stability of this indicator

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