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 […]

2016 State of the Built Environment Conference Highlights

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By A Better City Over 250 policymakers, experts and other stakeholders gathered at the State of the Built Environment conference on June 7th to debate issues facing the Greater Boston region. The sessions were anchored by A Better City’s key focus areas and the first State of the Built Environment report was released at the […]

Mass. economy outperforming US with steady growth

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By Deirdre Fernandes | The Boston Globe The Massachusetts economy kept steady in the second quarter of the year, despite lagging consumer spending, slowing growth elsewhere in the world, and the UK’s decision to leave the European Union, the University of Massachusetts reported Friday. The state’s economy grew at an annual rate of 3 percent, a […]

Dracut adopts aggressive strategy to build business

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By Todd Feathers | Lowell Sun  After years of agonizing about the town’s small commercial tax base and grasping sporadically for prospective businesses, Dracut is now working with a research-driven economic-development strategy. Its creators hope it help usher in a steady stream of new businesses, jobs and tax dollars. Many of the familiar problems still exist. The […]

Uncertainty weakens business confidence

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By Christopher Geehern | aim blog A month of economic uncertainty punctuated by weak US job growth and the United Kingdom’s impending exit from the European Union drove Massachusetts employer confidence lower during June. The Associated Industries of Massachusetts Business Confidence Index (BCI) fell 1.6 points to 56.1 as employers took an increasingly bearish view of the […]

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