The document summarizes the state of the Massachusetts economy. It notes that while Massachusetts is rebounding faster than the U.S. overall, areas outside of Boston are still in recession. It also discusses worries about the aging population, as the number of households with those under 55 is declining while those over 55 is increasing, which could strain state services and budgets. Finally, it frames the competition between states and regions to attract and retain young working families as the "Third Civil War."