How Robust Is The Economy?

Members of NECN”s Boston Business Editors Roundtable discussed stories they have been working on recently

Is the economy healthy and growing?

Members of NECN”s Boston Business Editors Roundtable including George Donnelly, Boston Business Journal Editor, and Shirley Leung, Boston Globe Associate Editor, discussed.

The stock market topped at 17,000, the jobless rate is down to 6.1%, and the Federal Reserve says it will end bond buying in October.

“Despite all these good headlines about the economy, eight out of ten Massachusetts residents surveyed said that they felt that their personal financial situation was the same or worse from a year ago,” Leung explained.

“I think the recovery has been a bit uneven and I think that’s reflected in Massachusetts,” Donnelly added. “We’ve had this robust recovery, if you are in the right field with the right education, in the right geography. It’s almost been a recovery that has left some people behind a little bit, while some people in the right spot with the right situation have moved along quite nicely.”

In addition, Leung and Donnelly discussed stories they have been working on recently.

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