Bay State economy seen threatened by global slowdown

BOSTON – Massachusetts holds a "precarious footing" on its economic future, according to a group of regional economists and forecasters, who cited global uncertainty, a potential debt crisis and a U.S. economic slowdown as reasons for concern. The outlook released Wednesday by MassBenchmarks economists notes that first quarter growth in Massachusetts exceeded the national rate, climbing 2.3 percent compared with a 0.5 percent gain in U.S. gross domestic product. The forecasters cited gains in j

BOSTON – Massachusetts holds a "precarious footing" on its economic future, according to a group of regional economists and forecasters, who cited global uncertainty, a potential debt crisis and a U.S. economic slowdown as reasons for concern. The outlook released Wednesday by MassBenchmarks economists notes that first quarter growth in Massachusetts exceeded the national rate, climbing 2.3 percent compared with a 0.5 percent gain in U.S. gross domestic product. The forecasters cited gains in j…