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Pioneer Institute Says Massachusetts’ Economy is Declining

by Scott Van Voorhis | Jun 15, 2025

It’s a wake-up call for elected leaders to move beyond incremental steps and pursue a bold, unified strategy – one that taps our world-class universities, research centers and talent to restore Massachusetts’ edge in innovation and opportunity.

Expert: Economic Downturn Could Trump Impacts of GOP Funding Cuts

by State House News Service | Jun 2, 2025

Massachusetts could face billions in lost federal revenue and heightened economic risk under the second Trump administration, a budget expert warned lawmakers Thursday, but he emphasized that a broad economic downturn could deal the hardest blow.

New Job Seekers Nudge Mass. Unemployment Rate Up

by State House News Service | May 19, 2025

The statewide unemployment rate climbed again in April to 4.6 percent, slightly widening the gap with the national joblessness rate, labor officials said Friday.

Mass. Economists Project Weak Growth Ahead

by State House News Service | May 13, 2025

Lagging job growth in the state is seen as the big reason the state’s economy appears likely to slow down through the third quarter.

Survey: Employer Confidence Sank Lower in April

by State House News Service | May 7, 2025

Tariff policies and national political developments slid Massachusetts employers further into a state of pessimism in April.

Economist: Mass. Economy May Have Shrunk More than U.S. in Q1

by State House News Service | May 2, 2025

Start with an aging workforce and challenges retaining younger people, and add growing consumer worries and weakness in the tech sector, and Massachusetts’ economy could have shrunk as much as 1.3 percent.

Report: Mass. Home to More Millionaires Despite New Surtax

by State House News Service | Apr 29, 2025

Surtax supporters released data Monday that they said pokes holes in the argument that the state’s new tax on high earners is causing higher-income residents to move out of Massachusetts.

A Top Mass. Economist Tries to Navigate Tariffs’ Local Impact

by State House News Service | Apr 14, 2025

Between market dips, concerned state officials and international trade implications, the tariff policies implemented and now partly paused by President Donald Trump last week have created widespread worry across Massachusetts and the nation.

Mass. Businesses Grow Pessimistic Due to Tariffs

by Sam Minton | Apr 7, 2025

Even before the Trump administration latest tariffs, announced last week, sent the stock market into a tailspin, Massachusetts businesses were turning pessimistic about the state economy in March.

Report Warns States ‘Outcompeting’ Mass. for Entrepreneurs

by State House News Service | Apr 3, 2025

Incubators and accelerators designed to aid entrepreneurs have helped create tens of thousands of jobs in Massachusetts and fueled billions of dollars of investment, according to a new industry report that urged lawmakers to invest in additional supports.

Federal Unemployment Claims Jump in Mass.

by State House News Service | Mar 11, 2025

The massive wave of federal layoffs is starting to have a modest but noticeable impact on Massachusetts residents.

Mass. Biz Confidence in Biggest Drop Since March 2020

by State House News Service | Mar 6, 2025

Massachusetts employers sure are worried about tariffs and the prospect of major cuts to medical and scientific research.

Senate Budget Chief: Mass. Economic Health ‘At Risk of Being Upended’

by State House News Service | Feb 28, 2025

The Senate budget chief knocked the possibility of dipping into the state’s more than $8 billion rainy day fund Thursday to address financial woes, but also warned that federal policymaking and looming cuts could cripple Massachusetts’s economic wellbeing.

Mass. ‘Eds and Meds’ Economy in Trump’s Crosshairs

by CommonWealth Beacon | Feb 14, 2025

Greater Boston’s acclaimed universities, hospitals, and affiliated research institutions are the fuel that made the region a juggernaut of the 21st-century knowledge economy. Now they are making it a target. 

Mass. Saw Official Population Surge in ’24 – Thanks to New Methodology

by State House News Service | Feb 13, 2025

The Pioneer Institute is cautioning that the Census Bureau’s report that a surge in the number of Bay Staters was only driven by a better way of counting humanitarian migrants, not any change in the state’s affordability issues.

Business Confidence in Mass. Stagnates Amid Tariff Fears

by Sam Minton | Feb 10, 2025

Business confidence among companies in Massachusetts has stagnated to begin the new year while companies have also expressed concerns regarding President Donald Trump’s planned tariffs.

Economic Concerns Drove Shift to Trump, Healey Says

by CommonWealth Beacon | Nov 7, 2024

Voters “were making a statement in part about how they were feeling in terms of their own personal welfare,” she said.

Business Conditions in Mass. Favorable Headed into Fall

by Sam Minton | Oct 31, 2024

A pair of new surveys of local companies show business conditions in Massachusetts are favorable headed into the final quarter of the year.

Affordability and Housing Remain Top of Mind for Mass. Biz Outlook

by Sam Minton | Sep 26, 2024

At the Associated Industries of Massachusetts’ annual outlook event surveying the future of the Massachusetts economy, housing affordability and production were top of mind.

Just Who Is Leaving Mass.? Reports Paint Different Pictures

by State House News Service | Sep 18, 2024

A new report published Tuesday by the left-leaning Massachusetts Budget and Policy Center suggests fears about outmigration are overblown or at least built on data that that points to “inconsistent” conclusions.

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