By Megan Woolhouse | The Boston Globe | December 19, 2014 Massachusetts posted its biggest monthly job gains in more than three years in November, another sign that an accelerating economic expansion is boosting employment across industries. The state’s employers added 13,500 jobs last month, the most since July 2011, according to the Executive Office […]
The year is 2020, and Mitt Romney is speaking at the Republican National Convention. This time, he’s not accepting the presidential nomination, but rather his job is to eviscerate Deval Patrick’s record as governor. Romney ticks off the Democrat’s management lapses: a malfunctioning health insurance website, dead children under state care, scandal at a state lab.
FINDING THE new up-and-coming neighborhood in and around Boston is great sport for prospective residents and real estate professionals alike. What used to pass for criteria to move in — good schools, safe streets, and leafy parks — now requires a bit more. Today’s urban dweller wants doggie daycare, yoga studios, and a hip WiFi-enabled coffeehouse. Throw in some converted lofts, great views of the city, and — boom — the next new “it” zip code.
Europe and China are among Massachusetts biggest export markets and the weakening of those economies could affect the state’s economic growth, said Alan Clayton-Matthews, an economics professor and Northeastern University. Among the questions are whether Europe will slip back into recession and China’s overheated real estate market will end in a bust that would unsettle the global economy.
Megan Woolhouse | The Boston Globe | July 30, 2014 The Massachusetts economy shook off its winter doldrums and rebounded strongly in the spring, according to an analysis by the University of Massachusetts and the Federal Reserve Bank of Boston. The state’s economy expanded at annual rate of 4.9 percent in the three months from April through […]
The number of jumbo loans used for home purchases has skyrocketed in Massachusetts, as buyers take out bigger mortgages to pay for increasingly expensive homes. Lenders, from local banks to mortgage giants, say that at least 30 percent of their loans are now jumbos, compared with about 10 percent in recent years, fueled by a market where home prices in some communities have now surged past prerecession highs.