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Economy

🔒WBJ’s 10 bold predictions for 2026

UMass Memorial Health will absorb another hospital, and nine other predictions.

🔒EcoForecast survey: For first time since 2020, WBJ readers say the economy is in worse condition than a year ago

Despite the pessimistic results about 2025, the plurality of respondents see improvement in 2026.

Fitchburg garage door company loaned $25K for new equipment

The owner of Hansen Overhead Garage Door, an early-stage company out of Fitchburg, has received a boost in funding with a $25,000 loan from the North Central Massachusetts Development Corp.

🔒Feeding Worcester: Nonprofits strain to meet surging food insecurity

Today, hunger in Worcester is rising faster than it has in years.
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🔒Poverty wages: TJX and BJ’s are heavily reliant on part-time workers, making their median employee pay qualified for government food assistance

Two of Central Massachusetts’ highest-paid CEOs run companies where median employees likely qualify for SNAP benefits.

Mass. business confidence has dropped 16% since November 2024

While Massachusetts’ business confidence ticked slightly upward in November, it marked the commonwealth’s ninth consecutive month in pessimistic territory.

How’s the economy? Let WBJ know by taking the 2026 Economic Forecast survey

Worcester Business Journal is asking its readers to give their opinions on how the Central Massachusetts economy...

🔒Reports of Mass. unemployment rates in limbo due to government shutdown

Central Massachusetts will not receive its September or October unemployment rates this month due to the ongoing effects of the longest federal government shutdown in history.
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🔒Worcester Regional Airport boosts incentive program to attract more airlines, expand destinations

In an effort to attract more airlines to serve local travelers, Worcester Regional Airport will now offer expanded incentives and benefits to carriers through its revamped air service incentives program.

Inflation expected to curb Mass. holiday spending

Even though inflation is cooling off, the cost of living remains high here and consumers are expected to curb spending this holiday season, the Retailers Association of Massachusetts said Wednesday.
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