In 2023, the real gross domestic product (GDP) of Massachusetts increased by roughly 1.2 percent compared to the previous year. The state's GDP experienced the most growth in 2000, when it increased by 8.1 percent when compared to the previous year.

Graph and download economic data for Coincident Economic Activity Index for Massachusetts (MAPHCI) from Jan 1979 to Aug 2025 about coincident economic activity, MA, indexes, and USA.

Graph and download economic data for Real Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Massachusetts (MAAGRRQGSP) from Q1 2005 to Q2 2025 about hunting, forestry, fishing, MA, agriculture, GSP, private industries, private, real, industry, GDP, and USA.

In 2024, the real gross domestic product (GDP) of Massachusetts was about 633.62 U.S. dollars. This is an increase from the previous year, when the state's GDP stood at 615.5 billion U.S. dollars.

United States State Leading Index: Massachusetts data was reported at 0.270 % in Jul 2018. This records a decrease from the previous number of 1.314 % for Jun 2018. United States State Leading Index: Massachusetts data is updated monthly, averaging 1.687 % from Jan 1982 (Median) to Jul 2018, with 439 observations. The data reached an all-time high of 5.452 % in Jun 1983 and a record low of -4.495 % in Jan 2009. United States State Leading Index: Massachusetts data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.S008: State Leading Index.

Graph and download economic data for Real Per Capita Personal Income for Massachusetts (MARPIPC) from 2008 to 2023 about MA, personal income, per capita, personal, income, real, and USA.

This statistic depicts the impact of community hospitals on the economy in Massachusetts in 2020. In that year, the effect of hospital expenditures in Massachusetts on the state's total economic output was approximately **** billion U.S. dollars.

The Scientific & Economic Consulting industry in Massachusetts is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x% to $x.x billion.

Unemployment Rate in Massachusetts was 5.00% in March of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Massachusetts reached a record high of 16.30 in April of 2020 and a record low of 2.20 in October of 2000. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Massachusetts - last updated from the United States Federal Reserve on December of 2025.

View yearly updates and historical trends for Massachusetts GDP YoY. Source: Bureau of Economic Analysis. Track economic data with YCharts analytics.

Graph and download economic data for Gross Domestic Product: All Industry Total in Massachusetts (MANQGSP) from Q1 2005 to Q2 2025 about MA, GSP, industry, GDP, and USA.

United States Massachusetts: GR: From Own Sources(OS) data was reported at 56,735,729.000 USD th in 2015. This records an increase from the previous number of 54,085,767.000 USD th for 2014. United States Massachusetts: GR: From Own Sources(OS) data is updated yearly, averaging 12,545,079.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 56,735,729.000 USD th in 2015 and a record low of 1,130,689.000 USD th in 1957. United States Massachusetts: GR: From Own Sources(OS) data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.

United States Massachusetts: Gen Exp: Park & Recreation data was reported at 479,193.000 USD th in 2015. This records an increase from the previous number of 418,859.000 USD th for 2014. United States Massachusetts: Gen Exp: Park & Recreation data is updated yearly, averaging 198,012.500 USD th from Jun 1957 (Median) to 2015, with 54 observations. The data reached an all-time high of 479,193.000 USD th in 2015 and a record low of 21,823.000 USD th in 1957. United States Massachusetts: Gen Exp: Park & Recreation data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.

United States Massachusetts: Gen Exp: Health data was reported at 1,605,537.000 USD th in 2015. This records an increase from the previous number of 1,238,321.000 USD th for 2014. United States Massachusetts: Gen Exp: Health data is updated yearly, averaging 1,030,648.000 USD th from Jun 1977 (Median) to 2015, with 37 observations. The data reached an all-time high of 1,995,701.000 USD th in 2002 and a record low of 162,125.000 USD th in 1977. United States Massachusetts: Gen Exp: Health data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.

United States Unemployment Rate: Massachusetts data was reported at 2.900 % in Oct 2018. This records a decrease from the previous number of 3.200 % for Sep 2018. United States Unemployment Rate: Massachusetts data is updated monthly, averaging 5.300 % from Jan 1976 (Median) to Oct 2018, with 514 observations. The data reached an all-time high of 11.600 % in Jan 1976 and a record low of 2.100 % in Oct 2000. United States Unemployment Rate: Massachusetts data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G057: Unemployment Rate: By State.

United States Months of Supply: All Residential: Massachusetts data was reported at 1.500 Month in Jul 2020. This records a decrease from the previous number of 2.100 Month for Jun 2020. United States Months of Supply: All Residential: Massachusetts data is updated monthly, averaging 3.050 Month from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 10.100 Month in Feb 2012 and a record low of 1.500 Month in Jul 2020. United States Months of Supply: All Residential: Massachusetts data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB028: Months of Supply: by States.

United States Massachusetts: Gen Exp: Public Welfare data was reported at 18,585,384.000 USD th in 2015. This records an increase from the previous number of 16,444,421.000 USD th for 2014. United States Massachusetts: Gen Exp: Public Welfare data is updated yearly, averaging 2,394,790.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 18,585,384.000 USD th in 2015 and a record low of 151,783.000 USD th in 1957. United States Massachusetts: Gen Exp: Public Welfare data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.

United States Massachusetts: GR: OS: Charges & Miscellaneous(CM) data was reported at 13,664,050.000 USD th in 2015. This records an increase from the previous number of 13,462,934.000 USD th for 2014. United States Massachusetts: GR: OS: Charges & Miscellaneous(CM) data is updated yearly, averaging 2,558,102.000 USD th from Jun 1957 (Median) to 2015, with 57 observations. The data reached an all-time high of 13,960,264.000 USD th in 2009 and a record low of 112,850.000 USD th in 1957. United States Massachusetts: GR: OS: Charges & Miscellaneous(CM) data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.

United States Population: Massachusetts data was reported at 6,859,819.000 Person in 2017. This records an increase from the previous number of 6,823,721.000 Person for 2016. United States Population: Massachusetts data is updated yearly, averaging 6,554,269.000 Person from Jun 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 6,859,819.000 Person in 2017 and a record low of 6,363,015.000 Person in 2000. United States Population: Massachusetts data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.G003: Population By State.

United States Massachusetts: Gen Exp: Protective Inspection & Regulation data was reported at 296,310.000 USD th in 2015. This records an increase from the previous number of 285,282.000 USD th for 2014. United States Massachusetts: Gen Exp: Protective Inspection & Regulation data is updated yearly, averaging 179,965.500 USD th from Jun 1992 (Median) to 2015, with 22 observations. The data reached an all-time high of 296,310.000 USD th in 2015 and a record low of 87,164.000 USD th in 1992. United States Massachusetts: Gen Exp: Protective Inspection & Regulation data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F030: Revenue & Expenditure: State and Local Government: Massachusetts.