Positive News, As Massachusetts Economy Grows At 3.2% In Q1, Vs. 0.6% For USA - MA Software Recruiting As Busy As Ever

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Although the national GDP grew at only a 0.6% rate, the MA GDP was up a very healthy 3.2% in the first quarter, and this is reflected clearly in what I’ve been saying for the entire quarter about the market - it’s robust and strong — especially in the high-tech software engineering vertical. Nationally, the Fed cut the rate a 1/4 point today, and has signalled they will likely pause for a bit.

In today’s Boston Globe more can be ready about the specifics of the local economy, there are obviously lots of downside risks (inflation, housing market, energy & healthcare costs etc)- but, I continue to be cautiously optimistic nationally — and I’m very bullish here in Mass.  We just added a new full-time rectuiter here at The Bivium Group - Mark Foley — so, I’m putting my money where my mouth is