10th Annual Massachusetts Investor Conference

Economic Update - GDP Quarterly Growth at Annual Rates (%) 17 40% 30% 20% 10% Growth in Real Product, Massachusetts and the United States, 2022 Q2 0% -10% -3.1% -5.1% -20% -30% 33.8% 31.5% -31.2% -33.0% 8.2% Massachusetts U.S. ■MassBenchmarks Projections 8.9% 7.8% 6.3% 6.7% 6.9% 4.5% 5.5% 3.8% 2.3% 0.2% -0.2% -1.6% -0.9% 2.0% 1.0% -40% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 2022 Source: U.S. Bureau of Economic Analysis, MassBenchmarks Calculations by Dr. Alan Clayton-Matthews SIGILLUM REIPUBLICE

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