Gov. Patrick To Hold ‘Economic Summit’

At an "economic summit" later this month, Gov. Deval Patrick plans to ask state agency heads, advisors, academics and economists how Massachusetts can recover more quickly from the recession.

The summit is scheduled for Oct. 27 at the Federal Reserve Bank of Boston and will focus on ways to promote long-term economic recovery and job growth in the state.

In a statement, Patrick said Massachusetts "is poised to come out of this downturn faster and stronger than the rest of the country." He said the summit's participants are being asked to share ideas for how that can be assured.

Participants include Greg Bialecki, state secretary of housing and economic development; Speaker of the House Robert DeLeo; Cathy Minehan, former Boston Fed president and chairwoman of the Governor's Council of Economic Advisors; Barry Bluestone, dean of the School of Public Policy and Urban Affairs at Northeastern University; and Eric Rosengren, president and CEO of the Boston Fed.

Patrick said the summit will include discussion of the current national and state economies, strategies for economic recovery, how to successfully use federal stimulus money, job creation and other concerns.

"Massachusetts is well positioned for recovery and growth, but that outcome is far from certain. This conference should help to focus our resources toward moving forward," Minehan said in a statement.