#EconomicPolicy

A new report from Pioneer Institute shows that Massachusetts has been in an economic slowdown since 2020, with the professional, scientific, and technical services sector (PSTS) exhibiting the greatest slowdown relative to competitor states since 2022. This sector includes scientific research and development, computer systems design, engineering, and scientific consulting firms. 

BOSTON – State leaders cheered in January when the U.S. Census Bureau estimated that Massachusetts’ population grew by 69,000 in 2024, more than at any other time in 60 years. Unfortunately, a closer look reveals that the higher estimates are largely driven by a change in Census Bureau methodology designed to better capture the influx of humanitarian migrants.