Signs of Growth in Several Gateway Cities
It’s safe to say that Boston is the economic hub of Massachusetts and will be for the foreseeable future. However, a number of cities have the potential to boost the Commonwealth’s economy in the long-run. These communities, known as “gateway cities”, were once home to booming industries that have since left; but what these industries left behind can become the foundations for another wave of economic development. Gateway cities have struggled both economically and socially over the past several decades. In fact, two characteristics that originally defined these cities were rates of educational attainment and median household incomes below the state average. While these issues persist, some communities are showing notable signs of growth, the first of which is rising […]