December 21, 2020 - Worcester Business Journal

Education

🔒Economic Forecast: Higher education’s future is less uncertain

After finding their way through the dark in the fall semester, colleges look to navigate spring and fall 2021 semesters with fewer unknowns.

Life Sciences

🔒Economic Forecast: Biotech will grow

Already with several big wins in 2020, the region’s biotech industry will take advantage of an even bigger boom.

Hospitality

🔒Economic Forecast: Manufacturing will change and adapt

While manufacturing will continue to dominate headlines, the entire industry will reshape in 2021.

Diversity & Inclusion

🔒Economic Forecast: Diversity & inclusion needs follow-through

After the events of 2020, businesses will be pressured to show results of their efforts.

Arts & Entertainment

🔒Economic Forecast: WooSox face an uncertain year

In what is supposed to be their inaugural season, the Worcester Red Sox are possibly looking at a delayed start, or an empty stadium.

Retail

🔒Economic Forecast: Real estate to feel pandemic’s effects

The commercial office market will have increased vacancies, while retail will suffer from trends accelerated by the coronavirus.

Education

🔒A look back … at WBJ’s 2020 predictions

In December 2019, no one could have predicted what was to come in 2020. Still, the major trends and news items for the year largely stayed on track. Of the 10 predictions made by the WBJ Editorial Staff for the year, seven came true.

Education

🔒WBJ’s 2021 predictions

Every December, the WBJ Editorial Staff makes 10 predictions of news events and trends coming in the next year for the Central Massachusetts economy. Here's what they expect to happen in 2021.

Advice

🔒Is a federal tax increase in the new year likely?

How likely is a federal tax law change in 2021? For the new administration to implement its proposed tax law changes, Biden will need to get a tax bill through Congress.

Advice

🔒Who will thrive in 2021?

As we all know, our local economy has taken a major hit from the pandemic. This is the worst impact in my lifetime; but there is good news ahead.

Advice

🔒The road ahead for manufacturing

Manufacturers of every size and across every industry, here in the Worcester area and elsewhere, are weathering...

Arts & Entertainment

🔒Economic forecast survey results: Hoping to move on from a bad year

In WBJ’s annual survey of readers regarding their outlook for next year, the overwhelming consensus is 2020 was not a good year for businesses in Massachusetts, but 2021 will almost certainly bring better fortunes.

News

🔒My favorite business person of 2020 is…

The defining moment of my 2020 was the eight-minute video showing in excruciating detail George Floyd’s killing at the hands of Minneapolis police.

December 21, 2020Edition

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