MA!A1=PROFILE("Massachusetts")
Massachusetts economy
Massachusetts produced $813.6 billion of goods and services in 2025, ranking #12 among the states. Below: growth, income, prices, jobs and the industries behind the total.
Capital Boston7,154,084 people, 2025Statehood 1788New England region
GDP, 2025$813.6B#12 of 51 · 2.6% of US
Real GDP growth, 2025+1.3%#39 of 51 · US +2.3%
Income per person, 2025$98,700#3 of 51 · US $77,028
Unemployment, September 20264.3%#35 of 51 · #1 = lowest
Current dollarsReal, 2017 dollars
BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.
Industries, 2025
Value added by industry and its share of the state economy; rank among 51 by share.
| Industry | Value added | Share | vs US share | Rank | ||
|---|---|---|---|---|---|---|
| Real estate | $114.7B | 14.1% | +0.4 pp | 18 | ||
| Government | $70.8B | 8.7% | −2.4 pp | 47 | ||
| Manufacturing | $68.0B | 8.4% | −1.1 pp | 30 | ||
| Finance & insurance | $74.7B | 9.2% | +0.5 pp | 16 | ||
| Professional services | $112.7B | 13.8% | +5.9 pp | 2 | ||
| Health care | $74.7B | 9.2% | +1.6 pp | 11 | ||
| Wholesale trade | $37.3B | 4.6% | −1.7 pp | 43 | ||
| Retail trade | $34.2B | 4.2% | −1.7 pp | 49 | ||
| Information | $54.6B | 6.7% | +1.0 pp | 5 | ||
| Construction | $29.6B | 3.6% | −0.7 pp | 42 | ||
| Transportation & warehousing | $17.9B | 2.2% | −1.1 pp | 43 | ||
| Accommodation & food | $26.4B | 3.2% | +0.1 pp | 22 | ||
| Administrative & waste services | $22.0B | 2.7% | −0.3 pp | 34 | ||
| Other services | $15.5B | 1.9% | −0.1 pp | 39 | ||
| Management of companies | $17.5B | 2.1% | +0.3 pp | 13 | ||
| Utilities | $11.4B | 1.4% | −0.2 pp | 43 | ||
| Mining, oil & gas | $438M | 0.1% | −1.2 pp | 47 | ||
| Education | $22.6B | 2.8% | +1.6 pp | 3 | ||
| Arts & recreation | $7.8B | 1.0% | −0.1 pp | 22 | ||
| Agriculture | $870M | 0.1% | −0.7 pp | 49 |
BLS, Local Area Unemployment Statistics. Latest month: September 2026.
Metro areas in Massachusetts
Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.
| Metro area | Population | GDP | Income per person | Unemployment | |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH | 5,025,517 | $644.8B | $104,104 | 4.2% | |
| Providence-Warwick, RI-MA | 1,700,901 | $116.4B | $70,086 | 4.7% | |
| Worcester, MA | 881,248 | $60.9B | $71,909 | 4.6% | |
| Springfield, MA | 464,151 | $30.6B | $66,238 | 5.5% | |
| Barnstable Town, MA | 232,570 | $19.3B | $96,768 | 5.2% | |
| Amherst Town-Northampton, MA | 165,399 | $10.4B | $65,432 | 4.2% | |
| Pittsfield, MA | 128,726 | $9.2B | $72,172 | 4.4% |