June 01, 1999

Dynamics of Growth: The Two Massachusetts Economies

This major study concludes that Massachusetts is divided into two distinct economies: a high-tech, knowledge-driven economy in the east that fueled the state's strong economic performance in the 1990s and an economy highly dependent on a strong manufacturing sector in the rest of the state. The report emphasizes that the Commonwealth's economic policies need to reflect the diversity of the state's economy, encouraging both manufacturing and the newer knowledge-based industries.