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Blog: Economy

American Citizenship, Healthcare, Opportunity
August 8, 2024

Average Weekly Wages of Healthcare Workers Across a Decade

From 2012-22 the healthcare and social assistance sector has seen the smallest growth in average weekly wages of any large industry in Massachusetts. This potentially has dire consequences on the employment crisis that this industry already faces.
Opportunity
August 8, 2024

Tracking Dunkin Prices Across Boston

While Dunkin is a staple of daily life for many people in Boston, its prices across locations are not necessarily consistent. Factors such as the level of foot traffic may cause prices to be higher or lower at different locations. So, where is the best bargain?
American Citizenship, Opportunity
August 8, 2024

Massachusetts’s Debt and Liability in 2023

In the last decade, Massachusetts has accrued billions of dollars in debt. However, despite a large amount of debt, both overall and per capita, the state's debt as a percentage of GDP is normal amongst its neighbors.
American Citizenship, Opportunity
August 1, 2024

 The Largest Groups Driving Massachusetts’s Migration

With Massachusetts losing billions in taxable income every year due to out-of-state migration, it is important to understand the demographics causing the biggest losses.
Opportunity
July 26, 2024

Massachusetts Affordability and Competitiveness Ranking is in Freefall

Each year, CNBC ranks the 50 states on 10 broad categories of competitiveness using 128 metrics.  The categories are weighted based on how frequently states use them as a selling point in economic development and marketing materials.  In other words, states are...
American Citizenship, Opportunity
July 25, 2024

Average Weekly Wage Change for two Massachusetts Counties with Differing Densities

Each industry in a county varies differently in wage growth and decline. This blog analyzes how wages changed in major industries for the most urban and most rural economy in Massachusetts.
American Citizenship, Opportunity
July 25, 2024

Suffolk County Residential and Commercial Taxation Changes Since 2018

Massachusetts is a relatively rich state, with an average assessed home value of $194,497 per capita. Many of the Commonwealth’s communities have undergone significant changes in the last several years. For example, Suffolk County, which includes Boston, Revere, Winthrop, and Chelsea, has...
American Citizenship, Opportunity
July 18, 2024

Migration to Massachusetts in 2022: Where Are People Going?

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
Opportunity
July 18, 2024

The Economic Development Bill Starting to Take Shape; It Makes Big Bets on Life Sciences, Clean Technology and Applied AI

The Massachusetts Senate debated S.2856, its version of the biennial economic development bill, last week.  The Senate pared down H.4804, the $3.5 billion version of the bill the House enacted last month and H.4459, the proposal Governor Healey filed back in January,...
American Citizenship, Opportunity
July 16, 2024

Massachusetts is Losing Thousands of Taxpayers a Year. Where Are They Going?

Massachusetts is facing a net loss of taxpayers and AGI. Learn about where these taxpayers are migrating to, and potential reasons for that migration.