Earlier today, Governor Baker filed a combination economic development and COVID recovery bill that includes $1.3 billion in capital authorization, $2.3 billion in direct spending of remaining federal ARPA funds and 137 policy sections. This Brief provides an initial summary of the provisions of…

A recent analysis from the Massachusetts Taxpayers Foundation, a pro-business research group, showed Massachusetts’ gross state product would increase by $25 billion over five years if we were to close gaps in these key areas. According to the same report, leveling college graduation rates of Black…

Another study from The Massachusetts Taxpayers Foundation supports that argument. It found that if Massachusetts could close the economic divide, the state's gross domestic produce would increase by $25 billion over five years. "Just to put that in context, that's the equivalent of creating about…

The Massachusetts Taxpayers Foundation, a highly respected and nonpartisan think tank, released a report last month showing racial disparities in every facet of life. By many measures, these disparities are greater in Massachusetts than they are nationally.

Tackling the racial wealth gap is a top priority for the Black Economic Council, which is located in one of the most inequitable cities in the country. According to a 2021 report by the Massachusetts Taxpayers Foundation, the median net worth of a white household in the U.S. in 2013 was 11 times…

The Massachusetts Business Coalition on Skills (MBCS) appreciates your ongoing efforts to prepare an FY 2022 budget that prioritizes economic recovery and invests in workforce skills development. The MBCS is a coalition of 27 diverse business organizations from across the state that advocates for…

The MBCS – a coalition of 27 diverse business organizations from across the state that advocates for equitable skills development policies – and the MBAE Affiliate Network – comprised of 37 chambers of commerce and industry associations from across Massachusetts – support these bills because they…

Long before the pandemic, Black businesses, organizations, and people in MA faced barriers in receiving equitable access to resources and economic opportunities. A May report from the Massachusetts Taxpayers Foundation found closing the wealth gap in Black and Latinx communities would grow the…

This report is the final installment in a three-part series on the implications of telework for the Commonwealth of Massachusetts in which we explore what the trend toward telework could mean for the broader Massachusetts economy.