Areas with high concentrations of information technology jobs are most vulnerable, followed by those specializing in back-office services. Large metro areas (a million or more) are also most likely to experience a higher percentage … [Read more...]
MA Economic Slowdown? [Poll]
Why is this important? Based solely on my gut (which processes data differently than my brain but is often a reliable source of insight :-) I read this as a bad economic indicator for Massachusetts.Sales of luxury items like home stereo, … [Read more...]
Bubble bubble toil and trouble: It begins?
Well, the Globe writes that there continues to be a lot of downward pressure on housing prices, although calling it a "buyers market" still seems like a stretch to me.So, on one hand we've got burgeoning housing inventories on the market; … [Read more...]
It’s the housing, stupid
I went to the presentation of two reports on housing today at the Federal Reserve Bank of Boston: one by Barry Bluestone of Northeastern's Center for Urban and Regional Policy, the other by Harvard-KSG-Rappaport Institute's Edward Glaeser. … [Read more...]
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