‘Unnovation’ can move New England forward

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Beyond Route 128, far from the startups and venture capitalists of Greater Boston, cities and rural areas are struggling. One idea: a return to their roots — farming and manufacturing — but with a new set of eyes.

Spring rebound after harsh winter for Mass., US economies

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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 […]

Rising prices, falling rates give boost to jumbo loans

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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.

Boston’s residency rule routinely flouted

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Thirteen of the 22 top leaders in Boston’s Police Department live outside the city in apparent violation of the city’s residency requirement, a law frequently ignored and weakly enforced, according to a Globe analysis of payroll and property records.

Massachusetts business confidence dropped in June

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The index posted a reading of 53.7 in June, down from a reading of 54.8 in May. The reading for June 2013 was 48.9. The index uses a 100-point scale. A reading above 50 indicates a generally positive outlook among state employers, a reading below 50 a negative one.

Study faults life sciences initiative

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A report released Monday suggests job growth in biotech and medical technology, a top focus of the Patrick Administration, has been modest at best over the past five years and has come at the expense of other research and development industries.

Mass. jobless rate fell to 5.6% in May

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Massachusetts’ unemployment rate fell below 6 percent in May for the first time in nearly six years as the state economy continues to expand, the state Executive Office of Labor and Workforce Development reported Thursday.

US adds 217,000 jobs in May

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The US economy finally has regained all the jobs lost in the last recession as hiring continued to expand at a solid pace, the Labor Department reported Friday.

Mass. economy outpaces US in first quarter growth

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Massachusetts’ economy grew at a good clip in the first three months of the year, even as economic growth nationally nearly ground to halt, according to state and federal economic reports released Wednesday.

The state’s economy expanded at an annual rate of 2.6 percent between January and March, according to the University of Massachusetts and the Federal Reserve Bank of Boston. The national economy barely grew at all during that period, expanding at a rate of 0.1 percent after growing 2.6 percent at the end of last year, the US Commerce Department reported.

The Boston Globe – This spring, there’s more than a hint of optimism in the air – 4/7/2014

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Is this the year the US economy finally takes off? Despite a slow start in 2014, many economists say, “Yes.”

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