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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…
July 18, 2024/by Eileen McAnneny

Study: U.S. Immigration System Limits Benefits Foreign Students Could Provide

Slow, inefficient system that discourages entrepreneurship puts U.S. at a competitive disadvantage
July 17, 2024/by Editorial Staff

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.
July 16, 2024/by Dana DiChiro

At a Glance: Who Moved to Massachusetts in 2022? 

State-to-state migration can have serious impacts on the local economy. Migrants to Massachusetts come from all over the country, but significant portions of both new taxpayers and new taxable income come from just a few sources, such as New England, New York, Florida, and California.
July 11, 2024/by Raif Boit

Is Free Community College What Massachusetts Needs?

The Massachusetts Senate proposed making community college tuition free for all residents of the Commonwealth as part of its FY2025 budget. Pioneer explores whether this program is what Massachusetts needs to prepare its residents for gainful employment and how it interacts with the state's extensive workforce development infrastructure.
July 10, 2024/by Eileen McAnneny

Unemployment in Massachusetts by Race

Unemployment rates vary based on racial groups. Most minority groups face higher unemployment rates in Massachusetts than the majority White population.
July 10, 2024/by Dana DiChiro

The Housing Crisis has a Hand in Massachusetts Out-migration Trends

Recently published IRS data shows that net out-migration from…
July 3, 2024/by Andrew Mikula

Latest IRS Migration Data Show Exodus from Massachusetts Continues

Massachusetts shed more than double the amount of adjusted gross income (AGI) in 2022 than any year prior to 2020, making it fifth among states in net AGI out-migration behind only California, New York, Illinois and New Jersey, according to data released Thursday by the Internal Revenue Service. 
July 1, 2024/by Editorial Staff

Cape Cod Restricts Fourth of July Parties: What’s the Economic Impact?

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.
June 27, 2024/by Raif Boit

Part II: Push and Pull Factors for Massachusetts Businesses

High UI tax rates make it expensive for businesses to operate in Massachusetts. Learn what affects a company's decision to operate in Massachusetts.
June 25, 2024/by Dana DiChiro

Mayor Wu’s Office to Residential Conversion Pilot Program Prioritizes Downtown Revitalization over Housing Production, Fiscal Responsibility

In July 2023, in response to a soft post-COVID office market…
June 24, 2024/by Andrew Mikula

Northwest Massachusetts’ Reliance on Industry Levies

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.
June 20, 2024/by Raif Boit

Part I: It May Be Better to Be Unemployed in Massachusetts than in Connecticut or New Hampshire

Connecticut, Massachusetts, and New Hampshire all rank among…
June 18, 2024/by Dana DiChiro

Massachusetts Legislature Procrastinates Once Again

There are less than seven weeks left to the Massachusetts Legislature’s…
June 13, 2024/by Eileen McAnneny

Study Finds Prevalence of Entrepreneurship Tied to Regulatory Environment, Portion of Immigrants

The prevalence of entrepreneurship is linked to both the regulatory environment and the portion of foreign-born immigrants in a jurisdiction, according to a new study published by Pioneer Institute.
June 13, 2024/by Editorial Staff

Cape Cod: The Struggles of Year-Round Residents

Barnstable County contains all 15 Cape Cod municipalities. In…
June 11, 2024/by Dana DiChiro

Thoughts on Outmigration and Competitiveness

?Thoughts on Out Migration and Competitiveness

 



A…
May 23, 2024/by Eileen McAnneny

Study Finds Supply Shortage at the Heart of Greater Boston Housing Crisis

Construction costs, land use regulation and zoning among…
May 23, 2024/by Editorial Staff

Commentary On The Senate Ways And Means Committee FY2025 Budget 

The Senate Ways and Means Committee (SWM) released its FY2025 budget on May 7th.  This spending plan totals $57.9 billion, an increase of $1.8 billion over the FY2024 General Appropriations Act (GAA).  Like the Governor’s and House’s versions of the budget, the SWM budget is based on the consensus revenue estimate of $41.5 billion in tax revenue - a decrease of $208 million from last year’s consensus figure.
May 9, 2024/by Eileen McAnneny

Milton Shuts the Door
on Multifamily Housing Plans

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.
February 15, 2024/by Eileen McAnneny

Pioneer Statement on Continuing Slide in Massachusetts’ Revenue

The Commonwealth’s tax collections continue to slide, totaling $3.594 billion in January, $268 million below what the state collected in January 2023, and short of the revised benchmark by $263 million. Massachusetts state government must live within its means by reducing FY2025 spending. The days of fiscal surpluses, unprecedented increases in year-over-year spending, and flowing federal aid have come to an end.
February 6, 2024/by Editorial Staff