Economy

How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

How does Massachusetts stack up in the economic battle among states? A new benchmark offers an in-depth look.

By Larry Edelman To paraphrase a popular business maxim — most frequently attributed to management guru Peter Drucker — you can’t improve what you don’t measure. To that end, a leading business group on Monday unveiled the Massachusetts Competitive Index, a new gauge of the state’s economic strengths and weaknesses designed to show how we compare against […]

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Massachusetts adds smallest number of biotech jobs since 2017, says report

Massachusetts adds smallest number of biotech jobs since 2017, says report

By Hannah Green Last year, Massachusetts’ life sciences industry saw its slowest job growth since 2017 as the industry faced economic headwinds.  The Bay State’s biopharma workforce consisted of 116,937 employees in 2023, according to the latest “Industry Snapshot” report put out by the Massachusetts Biotechnology Council, or MassBio, on Tuesday. The trade group found that […]

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