Mass. economy follows pace of US


By Deirdre Fernandes | Globe staff The Massachusetts economy downshifted significantly at the end of last year, felled by broader weaknesses in the US and global economy, the University of Massachusetts reported Friday. After expanding by a 5.7 percent annual rate in the second quarter of 2015 and 2.4 percent in the third, the Massachusetts […]

Employer Confidence Steady to Start 2016


Confidence among Massachusetts employers remained steady during January as optimism about the state economy offset uncertainty about China and turbulent financial markets. The Associated Industries of Massachusetts (AIM) Business Confidence Index rose 0.5 points to 55.8 last month, starting 2016 well above the 50 mark that denotes a positive economic outlook. The increase was driven […]

Gov. Charlie Baker releases Fiscal Year 2017 budget proposal


By Lauren Fogelstrom | The Daily Free Press Massachusetts Gov. Charlie Baker released the budget proposal for the Fiscal Year 2017 Wednesday, which will invest $39.6 billion in education, workforce development and local aid without affecting taxes, according to a Wednesday press release. In his announcement, Baker highlighted the need to allocate money in order to improve […]

Business, Community, and Education Leaders Announce Alliance For Vocational Technical Education


By Susan Petroni | Patch Staff Business, community, and education leaders from across Massachusetts today announced the formation of the Alliance for Vocational and Technical Education (AVTV), a new broad-based coalition of employers, community-based organizations, educators, and experts that have come together to advocate for high-quality Career and Vocational Technical Education in Massachusetts. In his State […]

Gov. Baker looking to bolster voc-tech schools in budget, jobs bill


By Andy Metzger | State House News Service Gov. Charlie Baker proposed an additional $83.5 million for vocational education Friday, including a $75 million five-year capital program in a jobs bill set to be filed next week and an additional $8.5 million in his annual budget. Both of Baker’s initiatives would need to pass through the […]

State job growth is best since dot-com era, but apt to slow


By Deirdre Fernandes  | Globe staff Massachusetts just enjoyed the best annual run in job growth since the end of the dot-com boom 15 years ago, but economists say it’s unlikely to continue this year. The state added an estimated 7,100 jobs in December, pushing employment growth for all of 2015 to nearly 74,000 jobs, the […]

Tyngsboro told to market itself


By Amelia Pak-Harvey, Lowell Sun Tyngsboro will need to improve its marketing skills and speed up its permit-review process to boost economic development, according to a recent study by the Northeastern University Dukakis Center for Urban and Regional Policy. Yet in other areas, the town enjoys certain strengths that could attract businesses — including its proximity […]

Westford aces economics


By Melissa Hanson, When it comes to economic development, Westford has one of the strongest municipalities in the state, according to an analysis of economic growth and opportunity completed through Northeastern University, with a multitude of strengths and its main weakness in the timeliness of town approvals. The Economic Development Self-Assessment Tool, from the […]

Is buying a home around Boston worth it anymore?


By Keith O’Brien THE VIBE IN THE ROOM is contained desperation. Everyone is afraid of something. The woman in the back is worried about commitment. “The responsibility of it,” she says. The man two rows in front of her is concerned about making a mistake. “A bad investment,” he calls it. And then, maybe, you’d […]

Massachusetts economy slows, but still tops US rate


By Megan Woolhouse The Massachusetts economy slowed sharply in the third quarter, affected by global uncertainties and turmoil in financial markets, but still expanded faster than the US economy, according to a report by the University of Massachusetts and the Federal Reserve Bank of Boston. The state economy grew at 2 percent annual rate in […]

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