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Economic Development

  • Registration is open for WBJ’s economic forecast event

    Isabel Tehan January 31, 2023

    WBJ’s annual Economic Forecast Forum will be held on Feb. 7. The forum will look back at the challenges of the past year and forward to what’s going to change in a post-pandemic environment.

    Isabel Tehan January 31, 2023
  • Healey offers sympathetic ear in business address

    Chris Lisinski | State House News Service January 27, 2023

    Three weeks into her tenure in the corner office, Gov. Maura Healey told business leaders her administration is ready to "do more" to address their pressing concerns and targeted workforce strain, tax relief and health care investment as broad areas

    Chris Lisinski | State House News Service January 27, 2023
  • Unemployment rates rose across Central Mass. in December

    Timothy Doyle January 24, 2023

    The three Central Massachusetts metropolitan areas tracked by the state all saw slight increases in their unemployment rates in December.

    Timothy Doyle January 24, 2023
  • The Fed targets low-income regions in New England still struggling economically

    Colin A. Young | State House News Service January 23, 2023

    Through the Working Places Challenge program, the Fed supports a competition among cities and towns for grant money provided by states, the private sector and philanthropists to address a "shared goal for improving the economy that benefits low-

    Colin A. Young | State House News Service January 23, 2023
  • Home field advantage: Local attorneys smooth the path for developers

    Timothy Doyle Updated: January 23, 2023

    Land-use attorneys help developers smooth the path with a knowledge of local codes and laws, and the ability to reach out to community leaders.

    Timothy Doyle Updated: January 23, 2023
  • Leominster dance studio loaned $100K for buildout

    Isabel Tehan January 18, 2023

    The North Central Massachusetts Development Corp. in Fitchburg loaned $100,000 loan to MK Dance Center in Leominster. The owners will use the funds to renovate and build out their new space at Gateway Business Center at 435 Lancaster St.

    Isabel Tehan January 18, 2023
  • Three developments propose 416 apartments, grocery store for downtown Worcester

    Timothy Doyle January 18, 2023

    Proposals for the former site of Notre Dame des Canadiens Church, an open space at CitySquare, and a parking lot on Portland Street are heading to the Planning Board on Feb. 1.

    Timothy Doyle January 18, 2023
  • Former Canal District BBQ property to become part of housing development

    Timothy Doyle January 18, 2023

    Following the rash of closures of Canal District restaurants, the likely fate of at least one of the eateries has been made public: A housing development adjacent to the Polar Park baseball stadium.

    Timothy Doyle January 18, 2023
  • Former BJ’s HQ in Westborough sells for $32M

    Timothy Doyle January 13, 2023

    The former headquarters of BJ’s Wholesale Club at 25 Research Drive in Westborough was sold on Friday for $32 million, a few months after a redevelopment plan was approved for the site.

    Timothy Doyle January 13, 2023
  • Worcester Planning Board approves projects for Oriol Drive and Franklin St., including Quality Inn conversion

    Timothy Doyle January 12, 2023

    The Worcester Planning Board approved three large-scale projects on Wednesday night to provide a total of 521 units of housing.

    Timothy Doyle January 12, 2023
  • Central Mass. businesses less confident in December, but retain tempered optimism

    Timothy Doyle January 9, 2023

    The Central Massachusetts Business Confidence Index fell six tenths of a point in December to 52.8, according to the Worcester Regional Chamber of Commerce and Boston-based Associated Industries of Massachusetts.

    Timothy Doyle January 9, 2023
  • The beer challenges of 2023

    Kevin Koczwara Updated: January 9, 2023

    Beer has become big business. In Massachusetts, the industry supports more than 14,000 employees and, according to the Brewers Association, had an economic impact of more than $1.6 billion in 2021.

    Kevin Koczwara Updated: January 9, 2023
  • Study: Massachusetts remained seventh most moved-out-of state in 2022

    Timothy Doyle January 6, 2023

    Massachusetts continued to be one of the most moved-out-of-states in 2022, according to an annual report by Missouri-based mover United Van Lines.

    Timothy Doyle January 6, 2023
  • Market Basket in Shrewsbury to open next Friday

    Timothy Doyle January 6, 2023

    Lowell-based grocery store chain Market Basket will open its new Shrewsbury location on Friday, Jan. 13.

    Timothy Doyle January 6, 2023
  • Healey adds Hao, Snyder to developing cabinet

    Colin A. Young | State House News Service January 5, 2023

    One day before she is to be sworn into office, Gov.-elect Maura Healey continued to flesh out her Cabinet by naming her secretaries of economic development and of technology services and security, but major administration roles remain unfilled by

    Colin A. Young | State House News Service January 5, 2023
  • Main South ambassador program avoids layoffs, funded under larger empowerment initiative

    January 5, 2023

    The Main South Community Development Corporation in Worcester has received a $350,000 Community Empowerment and Reinvestment Grant from the Massachusetts Executive Office of Housing and Economic Development for the Main South Empowerment Project.

    January 5, 2023

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Today's Poll

Has your company created pathways for women, people of color and other minorities to advance to more senior positions?
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Poll Description

While shifting cultural norms in the business community have found hiring managers outwardly working toward hiring a more diverse staff, studies in the last few years by organizations like McKinsey & Co. and Regent University found women and people of color are promoted less frequently than their white male counterparts. This produces a dynamic where company leadership at many organizations remains dominated by white males even as the company's employees become more diversified.