Mass. economy follows pace of US

bGlobe

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 […]

Pollack says she has no opinion on surtax to fund transportation

berkshire eagle

By Andy Metzger | State House News Service Stephanie Pollack in 2013 urged lawmakers considering new revenue sources for transportation to consider a greater mix of funds. On Monday, as state transportation secretary, Pollack said she has no position nor opinion on one of the grandest proposals out there — a plan to reap nearly $2 […]

Employer Confidence Steady to Start 2016

AlanClaytonMatthews

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

Bluestone

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 […]

Boston homeownership keeps sliding

bGlobe

By Tim Logan | Globe staff The homeownership rate in Greater Boston plunged last year, according to data released Thursday by the US Census Bureau, dipping below 60 percent for the first time on record. The decline is in large part attributed to the recent population growth, driven by a wave of young adults moving […]

Making it that ‘final mile’ to work in suburbia

bGlobe

By Emily Sweeney | Globe Staff Say you take the commuter rail to work in the suburbs west of Boston. After you step off the train, you need to find a ride to reach your office. Do you call a taxi? Request an Uber? Wait for a shuttle bus? Wait . . . is there a shuttle […]

Westborough: Transportation summit asks how to improve public transit

SmallerLogo-Wicked_Local

By Brad Avery | Wicked Local Framingham  An economic development group Tuesday kicked around ideas on how cities and towns can collaborate on improving public transportation in central Massachusetts and Greater Boston. Comprised of economic development professionals from the region and the 495/MetroWest Partnership, the group Boroughs+ is focused on solving the “Last Mile” problem – […]

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

Patch

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 […]

The next act: As the line blurs between industrial and technology companies, Boston is a natural draw for companies like General Electric

bGlobe

By Jay Fitzgerald and Deirdre Fernandes | Globe staff After a long erosion of its industrial base, Massachusetts last week landed one of the world’s biggest industrial companies. The decision of General Electric Co. to move its headquarters to Boston highlights how the local economy has come full circle, through decades of invention and reinvention, to be […]

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

bGlobe

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 […]

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