Thu, August 19, 2010
The Bay State’s Executive Office of Labor and Workforce Development reported today that despite the loss of 6,000 census jobs, the state added a net 13,200 workers to its rolls in July, marking the sixth straight month of employment gains in Massachusetts. Read the full article
Tue, August 03, 2010
Owners of small businesses are upbeat about their own chances for success, yet most believe that we will still be in a recession a year from now. Read the full article
Wed, November 11, 2009
Yesterday the New England Economic Partnership (NEEP) held its Fall Economic Conference at the Boston Federal Reserve. Regional economists reported that they expect unemployment in New England to peak next year, despite improvements in the national economic outlook. Read the full article
Wed, November 04, 2009
The Federal Open Market Committee (FOMC) left its Federal Funds rate unchanged in a range of zero to 0.25% today; it also gave a few hints as to what would need to happen before it starts raising interest rates. Read the full article
Mon, November 02, 2009
Today I found a nice article at Smartmoney.com that summarizes several indicators that can help you make an educated guess as to whether housing prices in an area are likely to go up. Read the full article
Sat, October 31, 2009
Economists at the University of Massachusetts believe the state’s economy may have bottomed, but the indicators remain ambiguous. Read the full article
Sat, October 24, 2009
As the November 30th deadline for the $8,000 first-time homebuyers credit approaches, members of both the House and the Senate are floating ideas for ways to extend the credit. Read the full article
Thu, October 01, 2009
Bizjournals.com recently released its analysis of per capita income growth in the 100 largest US metro areas. Except for Bridgeport-Stamford, CT, Boston was the only metro area in New England ranked among the top 10 . Read the full article
Wed, September 30, 2009
Last week, the NPR show This American Life marked the anniversary of the housing-credit crisis by updating its entertaining report on the events that led to the collapse of the credit markets last year. Read the full article
Wed, September 09, 2009
The Federal Reserve’s latest “beige book” report offers a few encouragements on the state of the New England economy. Read the full article
Sat, August 15, 2009
Yesterday the Bureau of Labor Standards provided a CPI update through July 2009. Prices seem to be firming, but no clear pattern has yet emerged. Read the full article
Fri, August 07, 2009
For several years Massachusetts, like many states, has had a summer tax holiday weekend – sort of like Christmas in August. This year, the Grinch has come to the Bay State. Read the full article
Wed, August 05, 2009
The National Association of Personal Financial Advisors (NAPFA), of which I’m a member, is launching a free consumer education webinar series this week. Read the full article
Wed, August 05, 2009
Probably we could have avoided last year’s economic crisis if only everyone had watched Saturday Night Live a few years ago. Read the full article
Thu, June 18, 2009
Yesterday the Brookings Institution released a report evaluating the effect of the Great Recession on employment and other economic indicators in the nation’s 100 largest cities. Even with a below-average showing for housing prices, Boston's economy doesn't look so bad in comparison to many other cities.
Read the full article
Wed, June 17, 2009
At the height of the credit market crisis last year, there were loud calls for dramatic changes in the regulation of financial institutions. Now that the sturm und drang has ceased, the reforms that will be realized will be much tamer. Read the full article
Wed, June 17, 2009
The Bureau of Labor Statistics released its report today on changes in New England region prices for May 2009. Read the full article
Fri, June 12, 2009
The Federal Reserve Bank’s “Beige Book,” issued eight times a year, was released this week. The outlook for New England is uncertain, with few bright spots. Read the full article
Tue, June 09, 2009
Here’s the test of whether you're a true contrarian: would you buy a Chrysler today? Read the full article
Wed, June 03, 2009
With the economy still in the doldrums, doing a home renovation could be an excellent idea. It’s a bit counter-intuitive, but hear me out. Read the full article
Mon, June 01, 2009
Each year the trustees of the Social Security/Medicare trusts are required to report on the status of the trust funds. Last month, having included the effects of the recession in their projections, they released a new report. The news is not good.
Read the full article
Wed, May 27, 2009
A couple of items at the Calculated Risk blog caught my eye today; both suggest that mortgage rates might well be headed higher. Read the full article
Fri, May 22, 2009
Yesterday I attended the spring New England Economic Partnership (NEEP) conference, held semiannually by the nonprofit economic research group that studies the region's economy. They were optimistically cautious. Read the full article
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