Each year, CNBC ranks the 50 states on 10 broad categories of…

With thousands moving to Massachusetts every year, they bring income and assets that can affect the local economy. However, people from different regions of the country tend to favor different parts of Mass more or less, though the more urban area around Boston is al

Unemployment rates vary based on racial groups. Most minority groups face higher unemployment rates in Massachusetts than the majority White population.

With Fourth of July parties getting out of hand in recent years, Dennis Police established measures to limit the number of beachgoers this year. This may have an impact on Dennis economically, but it is a choice Dennis feels is worth making.

Some towns in NW Massachusetts spend significantly more per capita than their neighbors, without using methods such as large state funding, deficit spending, and high taxes. These towns gain significant portions of their revenue from industry tax levies.

Barnstable County contains all 15 Cape Cod municipalities. In…

The MBTA Communities Act, passed in 2021, provides that the 177 communities serviced by the MBTA must create multifamily zones to spur housing development close to public transportation. But the issue is an emotionally charged one, with passions high on both sides. And Milton residents in February rejected a plan to create such housing ‚ choosing a loss of some state funding over an approximately 25 percent increase in their housing stock, along with the possibility of greater congestion.

Massachusetts recognizes S Corporations as flow-through entities. However, it levies an additional "stinger" tax on shareholders of these types of entities, depending on their revenue and industry. The state should reform S Corporation tax policy because the current system is uncompetitive and nonneutral. And, in addition to the new surtax on earnings over $1 million, the stinger tax could make business owners consider relocating, which would take revenue and surtax from the state.

Middlesex and Suffolk counties have contributed far more to the state's GDP than any other county in Massachusetts. However, the two differ in which industries are responsible for the greatest shares of their GDP.

Woburn has consistently had quality financial management in recent years, demonstrated by the fact that the city had the third highest free cash fund in the state in 2020. The city’s financial success has benefited its taxpayers, as the city’s bond rating has been promoted to a AAA rating by the S&P agency standards.