After months and months of lousy news about the economy, I’m absolutely giddy that in this week’s Radio Boston, we’re peeking around the corner to find some local companies that are hiring people, selling their products.
Imagine that.
An article recently in the Boston Globe cites EMC Corp. which makes business data storage systems — half of [...]
Some economic indicators suggest the nation, region and our state may be on the edge of recovery from the recession of the last year or so.
Economist Mark Zandi of Moody’s Economy.com says it bluntly — foreclosures are the single biggest threat to our economy. I’m not an economist or a mortgage banker, but I try to keep track of this metric. You don’t need a Ph.D. in economics to anticipate that a lot of the foreclosures are connected to the now infamous subprime mortgages.
New numbers show the region’s housing market may have brushed bottom, and begun a modest rebound. But even still, many homeowers are struggling with threatened foreclosure.
Downtown Crossing has been a vibrant retail center for decades. On Newbury, you might be able to find the height of fashion, at similarly lofty prices, but Downtown Crossing has always been where you go if you just need some new clothes for work, at more reasonable prices.
The economic downturn is now affecting most sectors in the state, and new unemployment numbers due out this week are expected to show continued weakness. What does it mean to be jobless in Massachusetts now?
What’s your attitude about the future? Will tomorrow, next month, and next year be better than yesterday, last month, and last year? Your attitude plus three hundred million others collectively forms the national mood. It’s the engine for social progress or retreat. And when translated into the pyschology of the market, “consumer confidence” is an [...]
