Massachusetts Economic Index Creator Named New Co-Editor of UMass Economic Journal

Dr. Alan Clayton-Matthews, creator of the Massachusetts current and
leading economic indexes, has been named co-editor of Massachusetts
Benchmarks, the economic journal published by the UMass Donahue
Institute in cooperation with the Federal Reserve Bank of Boston.

The Donahue Institute is the public service outreach and economic
development unit of the University of Massachusetts Office of the
President.

"I am pleased and honored to assume the role of co-editor of
Massachusetts Benchmarks," Dr. Clayton-Matthews said. "I will strive to
maintain the quality, timeliness, and usefulness of Benchmarks to its
audience, a task made easier by the excellent colleagues and staff who
have guided the publication since its inception. This project has much
to offer the public in these challenging times for the Commonwealth and
the Massachusetts economy."

Dr. Clayton-Matthews is an Assistant Professor and Director of
Quantitative Methods in the Public Policy Program at the University of
Massachusetts Boston. He joins co-editor Dr. Lynn Browne, executive vice
president of the Federal Reserve Bank of Boston, and Executive Editor
Robert Nakosteen, associate professor at UMass Amherst, in charting the
editorial direction of the journal, which was launched five years ago
this fall.

"Since its inception five years ago, Massachusetts Benchmarks, under the
co-editorship of Professor Craig Moore of the University of
Massachusetts Amherst and Dr. Lynn Browne of the Federal Reserve Bank of
Boston, has performed its mission exceedingly well,'' University of
Massachusetts President William M. Bulger said. "The publication of this
issue marks the transition into a new era for Benchmarks.
"Professor Clayton-Matthews' work on the Massachusetts current and
leading economic indexes over the last five years has rapidly become a
critical source of information for policy makers, business strategists,
and the media."

"Working with both Craig and Alan over the past five years has been both
an enjoyable and educational experience,'' Dr. Browne said. "My
colleagues at the Boston Fed and I were delighted when Craig asked us to
participate in the launching of Massachusetts Benchmarks, and we look
forward to continuing our relationship with Alan as editor. Craig will
be a tough act to follow, but Alan's in-depth knowledge of the
Massachusetts economy makes him an excellent successor."

Said Dr. Lynn Griesemer, executive director of the Donahue Institute:
"Massachusetts Benchmarks is a lead economic resource of the
Commonwealth," "We are pleased with the first five years of this
strategic partnership with the Federal Reserve Bank of Boston, and look
forward to Dr. Alan Clayton-Matthews co-editorship in the coming years."

Dr. Clayton-Matthews' co-editorship will become effective with the next
issue.

The full Massachusetts Benchmarks Editorial Board is as follows:

EDITORS

LYNN BROWNE
Federal Reserve Bank of Boston

ALAN CLAYTON-MATTHEWS
University of Massachusetts Boston

EXECUTIVE EDITOR

ROBERT NAKOSTEEN
University of Massachusetts Amherst

FEATURES EDITOR

RALPH WHITEHEAD
University of Massachusetts

EDITORIAL BOARD

MICHAEL BEST
University of Massachusetts Lowell

KATHARINE BRADBURY
Federal Reserve Bank of Boston

KARL CASE
Wellesley College

PETER DOERINGER
Boston University

YOLANDA KODRZYCKI
Federal Reserve Bank of Boston

FRANK LEVY
Massachusetts Institute of Technology

CRAIG MOORE
University of Massachusetts Amherst

CHRISTOPHER PROBYN
State Street Bank

JIM STOCK
Harvard University

ANDREW SUM
Northeastern University

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