Town Poised for Development According to Report

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By Sue Ellen Woodcock | Winthrop Transcript When it comes to economic development in Winthrop there are strengths and weaknesses,  but there are also a number of people working to create the right atmosphere. Northeastern Professor Barry Bluestone, of the Dukakis Center for Urban and Regional Policy, presented the results of a study from 220-question survey filled […]

State economy appears to slow in the 4th quarter

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Expected federal fiscal policy may provide boost in 2017; labor supply a major constraint By Mass Benchmarks Massachusetts real gross domestic product grew at an estimated annual rate of 0.5 percent in the fourth quarter of 2016 according to the MassBenchmarks Current Economic Index. Nationally, real gross domestic product grew at an estimated 1.9 percent […]

Young workers seen as key to Mass. economic growth

MetroWest Daily News

By Jeff Malachowski | MetroWest Daily News Attracting young workers from across the country and world is a key component to continuing economic growth in Massachusetts, one expert told business professionals Friday. “If we’re going to be successful in terms of growing the economy we have to have influxes of young workers into the state,” […]

Continued Growth Of Mass. Economy Depends On Immigration, Experts Say

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By Fred Thys | WBUR Massachusetts and New Hampshire have the strongest economies in New England, but experts say continued growth depends on immigration. That was one message delivered during an economic outlook conference hosted by the New England Economic Partnership at the Federal Reserve Bank of Boston on Tuesday. “We’re highly dependent on growing our labor […]

Obama will leave office with unemployment at 4.7 percent

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By Deirdre Fernandes | The Boston Globe On the month of President Obama’s first inauguration in January 2009, the US economy bled nearly 800,000 jobs and the unemployment rate was speeding toward its peak of 10 percent. He leaves office with the jobless rate down to 4.7 percent in December, wages showing their strongest pickup in […]

Worker shortages, moderate growth expected for 2017

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By Deirdre Fernandes | The Boston Globe The state’s leading economists expect the Massachusetts economy to grow at a moderate pace this year, but warn that the low unemployment rate could create worker shortages in certain fields, including construction and skilled manufacturing. “The Massachusetts economy is fast approaching full capacity,” the editorial board of the […]

You don’t have to outrun the bears, just the competition

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By Frank Mand | Wicked Local Northeastern University Professor Barry Bluestone gave a lecture of sorts at the Board of Selectmen’s meeting last Tuesday, covering the town’s economic prospects, the recent presidential election and life in the little town of Truro. Bluestone also singled out one of his former students. After working with more than 3,000 […]

Economic assessment report reveals Plymouth’s ‘deal breakers’

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By Frank Mand | Wicked Local The results of the Economic Development Self Assessment Tool – or EDSAT – are in and there are few surprises. The “deal breakers” keeping Plymouth from reaching its economic potential are 1) slow review processes, 2) limited parking, 3) insufficient infrastructure and 4) high rents. EDSAT, which was developed […]

Tax revenue forecasts all over map

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By  Bruce Mohl | Commonwealth Magazine The state’s tax revenue forecasters are more than $1 billion apart in their projections for fiscal 2018, the largest gap between high and low estimates in the last six years. At a State House hearing on Monday with lawmakers and Baker administration officials who are trying to develop a consensus […]

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 […]

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