Some states and counties were already winning the migration battle before the Covid-19 took the world by storm. Like with many other trends, the pandemic sent several migration patterns into overdrive — shifting thousands of people and billions of dollars into fast-growing counties and leaving other areas scrambling to recapture their losses. Massachusetts was a net loser […]
by Boston Planning & Development Agency, Research Division. The COVID-19 pandemic and resulting business closures caused a sudden unprecedented spike in unemployment in Boston as in much of the country. Boston’s unemployment rate peaked in June 2020 at 16.1 percent, a dramatic increase compared to 2.6 percent unemployment in March 2020. Boston’s unemployment rate fell […]
by Bryan Mena / via the Wall Street Journal The U.S. economy grew at a modest to moderate pace from mid-January through early February as the Omicron variant of Covid-19 disrupted businesses and held back consumer spending, the Federal Reserve said Wednesday. The Fed’s periodic compilation of business anecdotes from around the country, known as the Beige […]
Nearly two years into the pandemic, a street-level survey finds the hub of science and research remains sparsely populated. by Scott Kirsner – via The Boston Globe What is Kendall Square like during the third wave of the pandemic? I wanted to understand how Cambridge’s celebrated cluster of innovation felt and who was working there. […]
by Lauren Shanesy – via CoStar If there are three words real estate professionals should consider heading into the next year, they are flexibility, convenience and resiliency. Those are the defining themes that came out of the annual Emerging Trends in Real Estate 2022 report, released last week by PwC and the Urban Land Institute. So, […]
by Andy Medici| via bizjournals.com Restaurants that did not receive grants from the Restaurant Revitalization Fund are more likely to declare bankruptcy in the coming months — and the industry as a whole has suffered due to the Omicron variant. The bleak findings are from a January survey of 1,200 restaurants and bars by the […]
by Greg Petro | via forbes.com Year three of the COVID-19 pandemic begins with the retail industry battle-weary but having weathered and, in some cases, even capitalized on an epic worst-case management crisis. The good news is that the retail apocalypse of 2020, having cleared the field of weak competitors, spurred surviving brands and companies […]
by: Gary Tasman | via NAIOP The COVID-19 pandemic has forced us all to re-evaluate the ways we conduct business, including remote work opportunities, surface sanitization, social distancing, human resources policies and indoor air quality. For those in the commercial leasing business, the concept of force majeure and how it applies to the pandemic is […]
