Higher education institutions are major employers, purchasers of goods and services, managers of real estate, and attractors of external investment. In short, they are huge drivers of the New England economy. But research on how higher education contributes to regional economies is often narrowly focused or too technical; a broader conversation on attracting new resources and improving the product...
New England’s economy has improved, but economic opportunity and skills gaps contribute to slower growth in employment, income and social mobility than experienced in previous recoveries from recessions. With an aging population and relatively slow natural growth rates in the labor force, these gaps put the future of the New England economy at greater risk than that of other regions.
There ...
The New England states continue to experience slow growth and slow recovery of the jobs lost in the 2008 to 2009 recession. The main reason for this is the continued weakness in global and U.S. economic conditions. The U.S. and New England economies continue to be affected by the weak European economy and sovereign debt crisis and by weakness in domestic and regional housing markets.The forecast f...