Document Type

Book Chapter

Publication Date

2017

Publication Title

2017 State of the Commonwealth Report

Pages

2-37

Abstract

The Commonwealth’s lackluster economic performance in 2016 highlights a lost decade of slow economic growth. The dependence on federal spending presents challenges to stimulating growth when discretionary federal spending is constrained by sequestration. We investigate the reasons for the slow pace of economic activity and ask whether new efforts to spur innovation and entrepreneurship are a step in the right direction.

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