Economy

Report: Median net wealth of Mass. families at $370K

Nearly 16% of respondents reported no wealth or "negative" wealth, in which their debts exceeded the value of their assets.

Mass. payrolls, output rise modestly as Boston CPI exceeds U.S. rate

Looking ahead, MassBenchmarks projects Massachusetts GDP growth of 2.3% in the third quarter and 2.5% in the fourth.

Mass. biz confidence rises again amid economic anxieties

Massachusetts business confidence rose in July for the fourth month in a row.

Mass. ranks 15th overall for business, but second-worst for costs

Massachusetts rose to 15th overall in the Consumer News and Business Channel's top states for business ranking in 2026, though it still faces challenges due to how much it costs to do business here.
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🔒The key to North Central downtown revitalization? Small businesses

With new housing and public investment reshaping downtowns, entrepreneurs are attracted by lower rents and growing activity, while local leaders see them as essential to filling storefronts, generating foot traffic, and creating amenities.

Senators pad $575M economic development bill

Senators stamped their approval on a $575.4 million economic development borrowing package just after midnight Friday, hitching to it a controversial change to a voter-approved tax rebate law and artificial intelligence regulations as the sprawling package moves toward negotiations with the House.

UMass Memorial increases planned Community Healthlink layoffs to 231

As UMass Memorial Health affiliate Community Healthlink prepares to close, 104 more positions have been scheduled for layoffs, bringing the projected total to 231.

North Central chamber launches Latino business council

The council is called LIDER, the Spanish word for “leader,” and stands for Latino Initiative for Development of Entrepreneurship and Resources.
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From the Editor: Data is the new currency

WBJ has created the go-to source for market intelligence about the Central Massachusetts business community.

Clark awarded $27M from Department of Labor for IT apprenticeships

Clark University in Worcester has been awarded $27 million from the U.S. Department of Labor to expand information-technology apprenticeship programs.
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