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Greater Worcester

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    Take WBJ's Midyear Economic Forecast survey

    May 30, 2023

    WBJ is conducting a Midyear Economic Forecast survey of its readers to gauge how the events so far in 2023 have impacted their outlooks on the Central Massachusetts economy. Those who fill out the survey by June 14 will be eligible to win one of…

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    Gas prices respond to the unofficial start of summer

    Timothy Doyle May 30, 2023

    After being nearly flat over the past two weeks, Worcester metro gas prices came out of Memorial Day weekend up nearly 9 cents per gallon over the previous week.

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    Fare-free MBTA bus pilot sputters out in Senate

    Chris Lisinski | State House News Service May 30, 2023

    A group of senators were unable to convince their colleagues to recommend money for the MBTA to run fare-free bus pilot programs.

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    Boylston contractor breaks ground on new biopharma facility

    Timothy Doyle May 30, 2023

    RP Masiello broke ground on a new biopharma manufacturing facility on Commerce Drive in Northbridge on Wednesday. The 40,000-square-foot project is expected to be completed in late 2024.

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    Healey again points to new secretariat as housing solution

    Chris Lisinski | State House News Service May 30, 2023

    A Boston Globe report that found the Democrat-dominated Legislature contains nearly twice as many landlords as it does lawmakers who rent their homes. The story generated significant buzz in Beacon Hill's orbit, but Gov. Maura Healey on Friday did…

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    Insurance regulators examining Point32Health data breach

    Sam Drysdale and Michael P. Norton | State House News Service May 30, 2023

    State insurance regulators have opened an examination into a cyberattack on one of the state's largest health insurance providers.

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    WBJ wins eight awards in regional journalism competition

    May 26, 2023

    Worcester Business Journal has been honored by the New England Newspaper & Press Association for coverage of diversity, equity, and inclusion issues, along with Polar Park, opinion commentary, editorial cartoons, and special sections on…

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    State competitiveness concerns not limited to taxes

    Chris Lisinski | State House News Service May 26, 2023

    The Senate's top Republican opted against seeking a vote Thursday on a roughly $750 million tax relief proposal, but set off a debate that revealed some fault lines as senators prepare for action on a standalone tax bill that Democrats have promised…

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    Senate approves $56-billion annual state budget

    Chris Lisinski | State House News Service May 26, 2023

    The annual state budget season moved to the next phase Thursday evening as the Senate unanimously approved a nearly $56 billion spending plan that ramps up spending while setting aside hundreds of millions of dollars for a tax relief plan that hasn'…

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    Law firm to take over Telegram & Gazette offices at Worcester high-rise bearing the T&G logo

    Timothy Doyle May 25, 2023

    The more than 200-year-old law firm Fletcher Tilton will move into two floors in the Mercantile Center at 100 Front St. in Worcester, including the fifth floor, which currently houses the Telegram & Gazette.

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Today's Poll

As housing prices spike, do you raise your employees' compensation to ensure they can afford to live in Central Mass.?
Poll Description

In June, the median single-family home price in Worcester County rose by 2.6% to $513,000 while the median home price in Middlesex County climbed by 2.2% to a $905,000. These increased prices have not deterred buyers, as the counties saw a 10.8% and a 6.2% increase in transactions over-the-year from last June, respectively. 

Despite the increase in sales, Massachusetts is experiencing an unhealthy house-price-to-income ratio, with the typical home in Massachusetts costing six times the average annual household income, according to The Boston Globe. 

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