Local News

By one key measure, Boston’s lab market is in as rough shape as the pandemic-battered office market

By one key measure, Boston’s lab market is in as rough shape as the pandemic-battered office market

By Jon Chesto When demand for office space cratered during the COVID-19 pandemic, many developersdoubled down on building lab space instead. Lately, it sure seems like they went overboard. With newly builtlife sciences buildings hitting the market at a much faster rate than they can be filled, the availability of lab space in Greater Boston […]

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Tech-heavy Cambridge struggles with office vacancies

Tech-heavy Cambridge struggles with office vacancies

By Greg Ryan The downtown Boston office market has captured the lion’s share of local attention — and alarm — since Covid-19 upended the five-day, in-office workweek. But now there’s cause for concern across the Charles River for the 12 million square feet of offices in Cambridge. A CBRE report this month found that, for the first time since the […]

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The return to the office just hit a big milestone. It may just be the start.

The return to the office just hit a big milestone. It may just be the start.

By Joanne Drilling June was a watershed moment for post-pandemic office attendance. That’s according to the Office Building Index from location intelligence software company Placer.ai, which found the national average for office attendance was down only 29.4% compared to June 2019. Placer.ai’s data was based on foot traffic analytics from commercial office buildings in major metro […]

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The Hottest Job Market in a Generation Is Over

The Hottest Job Market in a Generation Is Over

By Jeanne Whalen Americans’ once-in-a-generation job market has come to an end. The red-hot hiring and rock-bottom unemployment that helped millions of workers find new gigs, boost their wages and reinvent their careers are giving way to more prosaic times. While the market is still healthy by many measures, signs of difficulty are creeping in. The […]

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Where Do Economists Think We’re Headed? These Are Their Predictions

Where Do Economists Think We’re Headed? These Are Their Predictions

By Sam Goldfarb, Peter Santilli and Anthony DeBarros The Wall Street Journal’s latest quarterly survey of business and academic economists shows forecasters remain firmly optimistic about the economic outlook, despite some hints of weakness in recent data. The following graphics show what economists are thinking now and how their forecasts—and the economy—have evolved over recent months and years. After looking at […]

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