by CommonWealth Beacon | Feb 2, 2024
A report commissioned by the Healey administration estimates the governor’s $4.1 billion housing bond bill will produce tens of thousands of new homes and generate $24.8 billion in economic activity, roughly 30,000 jobs, and $750 million in state tax revenue over five years.
by James Sanna | Jan 25, 2024
A study commissioned by the Healey administration, says the governor’s $4.12 billion housing finance and policy bill, and housing-related tax breaks passed last year, will give more than a five-fold boost to the state economy over five years.
by James Sanna | Oct 26, 2023
Aspiring homebuyers struggling to land a new home – let alone their dream home – and real estate agents and brokers hurting for clients could start to get some relief next year, according to a top housing economist.
by State House News Service | Sep 13, 2023
The Massachusetts economy keeps driving ahead and that recession out on the horizon doesn’t seem to be getting any closer.
by State House News Service | May 23, 2023
Massachusetts squeaked out a smidgen of economic growth in the first quarter of 2023, slowing substantially from its late 2022 growth rate, and analysts are predicting GDP declines in the second and third quarters.
by Diane McLaughlin | Jul 10, 2022
Black homebuyers receive a record number of home loans in Massachusetts in 2020 but persistent inequalities continued, and advocates say they face a major barrier to understanding why.
by Steve Adams | Apr 3, 2022
Two dueling visions of how the island’s long tradition of vacation rentals should respond to high housing costs and quality-of-life issues will go head to head on May 2.
by State House News Service | Jan 31, 2022
Economic growth in Massachusetts accelerated from the third to the fourth quarter of 2021, with real gross domestic product increasing at an 8.2 percent annualized rate.
by Scott Van Voorhis | Oct 31, 2021
The two large resort-style casinos won approval from state regulators in no small part due to their perceived potential to be engines of economic development. A new study throws doubt on that hope.
by James Sanna | Jun 30, 2021
A new report from The Boston Foundation and the UMass Donahue Institute is calling for the state rental assistance infrastructure built up during the COVID-19 pandemic to be maintained once the current package of federal COVID aid expires.
by State House News Service | Jun 10, 2020
The second quarter of 2020 is on track to be the worst for the state economy in the recorded history of Massachusetts and gross state product “may decline on the order of 50 percent,” economists at MassBenchmarks said Tuesday.
by State House News Service | Jan 31, 2020
After reporting in October that the Massachusetts economy contracted slightly in the third quarter of 2019, economists suggested that Massachusetts GDP actually grew by 2.2 percent between July and September 2019.
by State House News Service | Oct 30, 2019
The Massachusetts economy contracted slightly in the third quarter, local economists reported Wednesday, the same day that the federal government reported the U.S. economy grew 1.9 percent in the quarter that ended Sept. 30.