Updated July 3 at 9:03pm
Economic Activity
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Massachusetts is growing at its strongest pace since the late 1990s, according to the MassBenchmarks editorial board. The board’s opinion, delivered in an email Thursday, noted that the severe winter weather had only a “transitory, and ultimately minor, impact on economic conditions in the Bay State.” more
(Updated, 3:50 p.m.) With each new fiscal year comes a volley of changes to the state’s tax code, and this year is no exception to that rule. One set of taxes among the one dozen changes highlighted by Acting Department of Revenue Director David M. Sullivan in particular has drawn significant attention in the hospitality sector. more
The greater Providence-Warwick area is ranked in 36th place out of 300 medium to large cities in the U.S. as an attractive place for new lawyers to start their careers. more
An increase in June payrolls followed smaller gains in the prior two months, and wages were little changed as U.S. job market reflected a more moderate pace of economic growth. more
The behavior of two population groups, the baby boomers and the millennials, will have outsized influence on real estate markets in the next several years, according to a report by The Counselors of Real Estate, an association of real estate advisers. more
City leaders have proposed a new tax incentive program to spur investment in some of Providence’s poorest neighborhoods. more
(Updated, 10:23 a.m.) President of MG Commercial Real Estate Inc. discusses the market for industrial real estate, and explained why a lack of new development has limited options for companies seeking warehouse space. more
The Warren Group reported an increase in foreclosure petitions in Massachusetts in May, a 53 percent climb over the same period last year. more
The Moses Brown School recently began construction of the new Woodman Family Community and Performance Center. more
Lower gas prices have saved the average U.S. household approximately $530 this year, according to AAA Northeast. more
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