Bay Watch: What Connecticut Can Learn From Massachusetts’s Job Growth

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By Lydia Brown & Lucy Nalpathanchil | WNPR Labor pains and lessons from the north. As Connecticut comes to terms with recent job loss, Massachusetts emerges as a regional leader in statewide job recovery. This hour, we explore the latest job market trends and find out what Connecticut stands to learn from the Bay State. Are […]

Housing Report Shows Strong Economy, But Growing Poverty

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By Alison Bruzek | WBUR A report out today from The Boston Foundation says the Greater Boston economy is booming — but the rising cost of living means that now, more than 16 percent of families are living in poverty. According to the annual Greater Boston Housing Report Card, income inequality in the region remains among […]

Rising mortgage rates unlikely to dampen Boston real estate

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By Katheleen Conti | The Boston Globe Mortgage rates are on a post-election spike that some observers said marks the end of the historically low rates that homeowners and house hunters have been enjoying for the past five years. Rates for 30-year loans this week edged over 4 percent for the first time in 2016, […]

Mass. loses 5,000 jobs, but rate plunges

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By Jordan Graham | Boston Herald Massachusetts lost more than 5,000 jobs and fewer people looked for work last month even as the unemployment rate plunged to 3.3 percent last month. Experts advised job losses may not indicate a slowing labor market. “A lot of the decline in employment is due to sampling error,” said Alan Clayton-Matthews, […]

Nearly 2 in 5 Massachusetts employers predict adding jobs in next 6 months

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By Jim Kinney|Mass Live Massachusetts employers gained confidence in the economy in October, according to survey results issued Tuesday by Associated Industries of Massachusetts, a statewide business group. The state’s job market looked positive, according to the report. Nearly 39 percent of respondents reported adding staff during the past six months while 19 percent reported […]

US economy grew at 2.9 percent rate in third quarter

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By Deirdre Fernandes | The Boston Globe The Massachusetts economy expanded at an accelerated pace in the third quarter of 2016, faster than the national economy, which had its biggest gains in two years, the University of Massachusetts reported on Friday. The state’s economy grew at 3.7 percent in the three months ending in September, compared […]

Housing, Education, Transportation Dominate Economic Outlook Talks

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By  Laura Alix | Banker & Tradesman The Massachusetts economy is strong and vibrant, but the state needs serious investments in its infrastructure – and transportation in particular – to support projected growth in the years ahead. That was a major consensus to come out of a panel discussion last week among three regional chambers […]

In 2015, Mass. wages rose slower than in rest of US

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By Deirdre Fernandes and Evan Horowitz | Boston Globe While the rest of the country saw blockbuster gains in their paychecks in 2015, household incomes in Massachusetts rose at a much slower pace, according to data to be released by the Census Bureau Thursday. Usually, Massachusetts outpaces the nation, with better school test scores and lower unemployment […]

With revenue gains missing predictions, budget cuts possible

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By Joshua Miller | The Boston Globe State budget cuts from Governor Charlie Baker are probably coming soon to Massachusetts. The Department of Revenue announced Tuesday that state revenue grew only one-half of 1 percent from August 2015 to August 2016 — a surprisingly tiny amount. Overall, in July and August, the first two months of the […]

What department stores say about America’s changing income classes

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By Lucy Schouten | The Christian Science Monitor Coach has a message for department stores: it’s time to redefine the relationship. The apparel brand has announced a decision to pull its products from 250 department stores nationwide and to emphasize the Coach specialty stores and online marketplace, Fortune reported. This is just one example of marketplace […]

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