On March 1st, the Healey-Driscoll administration unveiled their economic development bill, titled An Act Relative to Strengthening Massachusetts’ Economic Leadership or the Mass Leads Act. Through $2.815 billion in capital spending authorizations, $675 million in additional tax credits over ten…

Three of the most-read stories from CommonWealth ... related to transportation, and the top story, about a Massachusetts Taxpayers Foundation study, focused on transportation and the fallout from COVID and remote work on the downtown Boston office market.The top story, coming in at 53,000 pageviews…

Already, for seven of the past nine years, Massachusetts has trailed the U.S. in private sector job growth, according to a 2022 report by the Massachusetts Taxpayers Foundation. Reasons include not only the cost of housing, which the Healey Administration is striving to address, but also the high…

While the effect is particularly dramatic in Connecticut, the Nutmeg State is not the only part of New England seeing a larger net influx of Massachusetts residents. In 2021 and 2022, 65% of the outmigration from Massachusetts was to New England states, according to a Massachusetts Taxpayers…

While there is no going back to the pre-pandemic patterns of living and working from 2019, Urban Economies on the Precipice: A Tale of Six Cities examines six major cities with similar profiles, Boston, Chicago, New York, Philadelphia, San Francisco and Washington, D.C., detailing the disruptions…

A related and revealing statistic: Economic output in the Northeast and Mid-Atlantic states fell below that of six big southern states (Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas) in 2021, and the gap is only getting wider. Not coincidentally, the population in those…

A new report paints a sobering picture of what the shift to remote and hybrid work could do to the city’s economy in the months and years ahead, given the reduction in foot traffic and spending seen in the downtown since the pandemic. “Urban Economies on the Precipice: A Tale of Six Cities,” a…

As cities like Boston continue to navigate changes in urban economies resulting from the ongoing pandemic recovery, a new report from the Massachusetts Taxpayers Foundation (MTF) details the challenges and opportunities that lie ahead. Urban Economies on the Precipice: A Tale of Six Cities examines…

Over the last two years, the federal government has made unprecedented investments in transportation, climate resiliency, and economic development infrastructure through three pieces of legislation: the Infrastructure Investment and Jobs Act (IIJA), the Inflation Reduction Act (IRA), and the…

The Massachusetts Taxpayers Foundation report said U.S. Census Bureau data shows Suffolk and Middlesex County residents left at the highest rates. And 2021 tax returns for 2020 showed residents aged 26 to 35 were the largest group leaving, according to the foundation. Analysts can have discussions…