Supreme Court Tariff Ruling Leaves Questions for Mass. Builders
The Supreme Court’s tariff ruling is is throwing up lots of questions for everyone in the Massachusetts real estate industry.
The Supreme Court’s tariff ruling is is throwing up lots of questions for everyone in the Massachusetts real estate industry.
The Bay State’s life sciences sector now faces the prospect of a potential retrenchment amid slashing cuts to research funding and drops in venture capital funding.
The negative effect that tariffs had on the spring market should come as no surprise. But hopefully that uncertainty has passed and the luxury market will be on the upswing.
In Gateway Cities – where housing production is already only half of what it needs to be to meet rising demand – increasing the cost of construction materials threatens an already tenuous housing market.
Job and labor force surveys are starting to pick up on the early impacts of President Donald Trump’s trade and tariff policies and other federal government shifts to Massachusetts, economists at MassBenchmarks said.
Eastern Bank executives said their institution turned in a strong second quarter despite economic jitters that caused many companies nationwide to pause investments.
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances.
A federal court blocked the president’s audacious plan to impose massive taxes on imports, but it may not be the end of the story.
Dismal, with a side order of jittery buyers: That’s the state of the spring real estate market as it limps towards an inglorious finish.
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.
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs.
Alexandria Real Estate Equities is bracing for a double-digit increase in costs on its current development pipeline related to the Trump administration’s tariff policies and inflation.
The bank still reduced the amount of money it’s set aside for loans going bad last quarter while also seeing both loans and deposits take a dip.
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.
JPMorgan’s net income rose 9 percent in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but its chief executive warned of global economic uncertainties ahead due to tariff chaos.
Questions will still swirl around trade and tariffs for months to come, economists say. And more tariffs are in the pipeline and could target specific industries like lumber.
With the potential for more tariffs to be announced on Wednesday, business leaders in Massachusetts are growing concerned about how it will affect local business.
The Trump administration’s back-and-forth tariff policy is engendering skepticism from local financial institutions at the same time it appears to be scaring consumers and local businesses.
There’s a new line item with a big question mark for developers drawing up project expenses trade wars ramp up. And it could weaken Greater Boston’s traditional defenses against downturns: the “eds-and-meds” sector.
State government leaders in Massachusetts are trying to instigate a building boom to address a housing shortage marked by high rents and sale prices, but a top housing official is now warning that headwinds from Washington could threaten their efforts.