| Massachusetts |
 |
|
| Labor
Market |
Mar 07 |
Jan 08 |
Feb 08 |
Mar 08 |
Monthly
%Change |
Annual
%Change |
| Unemployment
Rate (%) |
4.6 |
4.5 |
4.4 |
4.4 |
-- |
-- |
|
Nonfarm Employment (1,000) |
3,269.2 |
3,289.0 |
3,289.7 |
3,292.6 |
0.1 |
0.7 |
| Mfg.
Employment (1,000) |
296.9 |
292.4 |
292.7 |
292.9 |
0.1 |
-1.3 |
| Mfg.
Avg. Hourly Earnings ($) |
18.92 |
20.02 |
20.10 |
20.1 |
0.0 |
6.2 |
| Economic
Activity |
Mar 07 |
Jan 08 |
Feb 08 |
Mar 08 |
Monthly
%Change |
Annual
%Change |
| Housing
Permits |
1,141 |
538 |
451 |
987 |
-- |
-13.5 |
| Per-Capita
Income ($) |
1996
28,933
|
2003
39,449
|
2004
41,444
|
2005
43,612
|
2006
46,299
|
-- |
| Med.
Household Income ($) |
2002-04
56,236 |
2003-05
56,413
|
2004-06
55,753
|
-- |
-- |
-- |
| Gross
Domestic Product (millions$) |
2002
284,386
|
2003
293,840
|
2004
309,483
|
2005
320,050
|
2006
337,570
|
-- |
| Total
Exports (1,000$) |
2003
18,662,575
|
2004
21,837,411
|
2005
22,042,806
|
2006
24,047,035
|
2007
25,285,006
|
5.1 |
| Government
Spending |
Fiscal
03 |
Fiscal
04 |
Fiscal
05 |
Fiscal
06 |
-- |
-- |
| Fed.
Spending (millions$) |
51,265 |
53,120 |
55,830 |
57,222 |
-- |
-- |
| Per-Capita
Spending ($) |
7,969 |
8,279 |
8,684 |
8,893 |
-- |
-- |
| Total
Tax Burden (millions$) |
54,394 |
57,332 |
63,003 |
NA |
-- |
-- |
| Per-Capita
Tax Burden ($) |
8,455 |
8,935 |
9,800 |
NA |
-- |
-- |
| Return
on Fed. Tax Dollar ($) |
0.83 |
0.82 |
0.85 |
NA |
-- |
-- |
| Demographics |
1980 |
1997 |
2006 |
2007 |
Annual
%Change |
Decade
%Change |
| Population
(1,000) |
5,737 |
6,115 |
6,434 |
6,450 |
0.2 |
5.5 |
| Poverty
Rate (%) |
2002-04
9.8 |
2003-05
9.9 |
2004-06
10.5 |
-- |
-- |
-- |
|
Educational
Attainment
Census 2000 (%) |
High
School |
Bachelor
Degree |
-- |
-- |
-- |
-- |
| 84.8 |
33.2 |
-- |
-- |
-- |
-- |
| Age
Groups |
0-17 |
18-24 |
25-64 |
65+ |
-- |
-- |
| Age
Distributions (total, 2006) |
1,448,884 |
633,278 |
3,499,069 |
855,962 |
-- |
-- |
| Age
Distributions (%, 2006) |
22.51 |
9.84 |
54.36 |
13.30 |
-- |
-- |
NA=Not yet available.
U.S.
Census Bureau State Profile of Massachusetts
Bureau
of Economic Analysis Data on Massachusetts
Massachusetts Manufacturing
Profile
Massachusetts Economic/Labor/Environment
Web Sites
Economic
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