Despite the widely acknowledged comeback staged by Massachusetts this year, the state's financial officials cannot rest on their laurels, Gov. William F. Weld said yesterday.

"The market's recent expressions of renewed confidence are very encouraging to us," Gov. Weld told a group of about 250 attending a New York Municipal Forum luncheon at the Downtown Athletic Club. But, he also said, "We know that we must remain diligent in maintaining fiscal stability."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.