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Tag: economies

Beverly faces nearly $4 million budget shortfall this spring

December 24, 2025December 24, 2025 · Boston, Massachusetts Local News

BEVERLY — The city is facing a nearly $4 million shortfall in funding the fiscal 2027 operating budget. That number — $3,921,385, to be exact — was in…

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State provides tax credits to theater programs

December 15, 2025December 15, 2025 · Boston, Massachusetts Local News

BOSTON — The Healey administration is doling out $7 million to community theaters under a new tax credit program to help the businesses offset their operating costs, attract…

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Report: Mass. cities, towns face ‘historic’ fiscal crisis

October 13, 2025October 13, 2025 · Boston, Massachusetts Local News

BOSTON — Massachusetts cities and towns are facing a “historic fiscal crisis” amid rising operating costs, lackluster state aid and restraints on property tax increases, according to a…

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Gorton’s opens Indiana plant

October 11, 2025October 11, 2025 · Boston, Massachusetts Local News

To meet growing demand for its products, Gloucester-based Gorton’s Seafood has opened a new seafood processing facility in Lebanon, Indiana. Gorton’s, a subsidiary of Nissui Group of Japan,…

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Report: Slips in employer optimism tied to Trump tariffs

October 6, 2025October 6, 2025 · Boston, Massachusetts Local News

BOSTON — The state’s economy may be on solid footing but employers are becoming increasingly pessimistic about the impact of President Donald Trump’s tariffs on their bottom lines,…

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State unveils grant programs to rope in fed funding

September 10, 2025September 21, 2025 · Boston, Massachusetts Local News

BOSTON — Cities and towns will have access to a new pool of state money to rope in federal infrastructure funds for fixing crumbling roads and bridges and…

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Report: Rising costs threaten state’s economic growth

Report: Rising costs threaten state’s economic growth

September 14, 2024September 14, 2024 · Boston, Massachusetts Local News

BOSTON — Rising labor costs and a stagnant workforce are threatening Massachusetts’ status as a leader in innovation and economic growth, according to a new report from an…

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