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June 24, 2024
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Midyear Economic Update

Not feeling the vibecession: Economists see a somewhat stable Central Mass. headed in the right direction

Eric Casey

Cautious optimism. These two words are perhaps the most succinct way to summarize how some of the region’s economists and business figures feel about the state of the Central Massachusetts economy.

  • Shop Talk
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    Shop Talk

    Q&A: Worcester medical spa works to preserve natural beauty

    Sloane M. Perron

    Kasia Dodman’s life has been a series of unexpected twists and turns. An immigrant from Poland, Dodman had no family in the U.S., no money, and could not speak a word of English when she first moved to Worcester.

  • Table Talk Pies sold to Minnesota bakery business backed by private equity firm

    Eric Casey

    Rise Bakery Co. is part of the portfolio of Olympus Partners, a private equity firm founded in 1988 and based in Stamford, Connecticut.

  • Advice
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    Advice

    Strategies for small businesses to navigate the current economy

    Stephanie Martin and Chris Hudach

    So, how can business owners meet their revenue expectations as we head into the second half of 2024?

  • Advice
    Advice

    101: How to engage younger employees

    Sloane M. Perron

    Companies are seeing a transformation in their workforces as Gen Z and Millennials join the ranks Baby Boomers once held. Since each generation has different characteristics, managers are using a myriad of tactics to attract younger professionals.

  • Advice
    Advice

    10 Things I know about ... Compliance risk

    Janelle Drolet

    Janelle Drolet, vice president of operations and sales for Towerwall cybersecurity consulting firm in Framingham, offers some advice regarding compliance risk.

  • Opinion
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    Opinion

    Viewpoint: Good news about local news

    Mark Henderson

    Yes, newspapers, the institutions we generally think of when considering the state of media, have seen more than their share of declines. However, most of us who care about local news and for a generation have been longing for what was, we are missing what's taking place right in front of us.

  • Editorial
    Editorial

    Editorial: Maintain a pragmatic approach to Chinese companies

    In U.S. election years, little on the political front seems to be subtle or nuanced. Complex policy proposals can easily get whittled down to single sound bites, as partisans cast fear when attacking the other side’s position. However, there seems to be one issue where of late both sides of the aisle seem to be on the same page: China=bad.

  • Opinion
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    Opinion

    A Thousand Words: Central Mass. business confidence rising

    Ramón L. Sandoval

    Central Massachusetts business leaders are mildly optimistic as to where the economy has gone and is going in 2024. According to results from WBJ's Midyear Economic Survey, 64% of respondents said the local economy would improve either significantly or slightly in 2024.

  • Editorial
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    Editorial

    From the Editor: Looking beyond the economic forecast

    Brad Kane

    Economic projections and forecasts are a funny exercise. Trying to predict how the economy will look in the future is certainly a worthy effort, and many professionals’ lives are centered around figuring out what comes next for business and industry.

  • Movers & Shakers
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    Movers & Shakers

    Movers & Shakers for June 24, 2024

    Employees at Glickman Kovago & Jacobs, Fidelity Bank, and Walker Development & Construction Management are on the move.

WBJ Web Partners

Today's Poll

Would your business ever consider crowdsourcing financing from your customers?
Poll Description

Small consumer-facing businesses are beginning to turn to a relatively new way to raise financing for business expansion: Crowdfunding money from customers in exchange for discounted goods and services.

Stow sandwich shop Nan’s Kitchen raised $1.2 million to open a new storefront from customers, employees, and fellow professionals in exchange for equity. Additionally, Worcester coffee shop Cordella’s is raising funds on crowdfunding platform NuMarket, offering anyone who wants to invest gift cards totalling 120% of their investments. 

More Information