UMass Journal Examines Commonwealth’s Economy and Poverty

University Communications Psychology Professor Examines New Treatment for Chronic Anxiety Campus Reponds to Bioterrorism Alerts Board Approves Feasibility Study for Limited Residential Housing Employees Honored for Years of Service Forum for the 21st Century: Corporate Giving for the Arts UMass Journal Examines Commonwealth’s Economy and Poverty Women Make a Difference: The Mass Action for Women Audit Unveiled 1,200 Listeners Worldwide Support UMass Boston Radio Looney Receives Public Service Award Avery Faigenbaum Helps Kids Have Fun with Fitness Christmas Unwrapped... Best Practices: Academic Support for Student Athletes PeopleSoft Prepares the University for Change Michael Chesson Examines the Civil War in Exile In Richmond First Recipient Awarded Guimond Scholarship Campus Notes Snow Policy 2001-2002 Calendar of Events

The latest issues of Massachusetts Benchmarks, a quarterly economic review, features articles by UMass Boston’s Randy Albelda, Alan Clayton-Matthews, and Donna Haig Friedman on the economy and poverty in Massachusetts. Clayton-Matthews analyzes current and leading indices in his article, “Economic Currents — The State of the State Economy.” He examines the manufacturing recession, as well as the decrease in wage income and consumption spending. Balanced these concerns against existing strengths, such as residential real estate, construction, finance, education, and medical services, he concludes, “We can expect the Massachusetts economy to continue to stutter along through the beginning of next year, with no real growth, but perhaps a mild contraction.” Albelda and Haig Friedman explored the effects of the economy on families in their essay, “Left Behind – The Persistence of the Poverty through the 90s.” They point out that while economic growth in Massachusetts in the 90s increased the number of jobs and median income, it did not ameloriate poverty levels in Commonwealth families. They write, “During a boom period these results are alarming; with a potential recession on the horizon, they signal serious cause for concern.” The journal is published by the University of Massachusetts in cooperation with the Federal Reserve Bank of Boston. The complete archive can be found at www.massbenchmarks.org. back to top

This official page of the University of Massachusetts Boston
was last modified: Wednesday, November 28, 2001