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Journal Article
In the shadows of the national recovery: an overview of New England's economic performance in 2005
Annual review of the economic performance of the New England states.
Journal Article
An overview of New England's economic performance in 2007
New England?s economy showed bright signs of growth in 2007, but residential real estate cast a shadow. Job growth was moderate and on par with that of the nation, but the region fared better with an unemployment rate lower than the national average. Exports from the region rose in value, but at a lesser pace than seen in the nation. Although the region remained the richest in per capita income, growth in total personal income in New England was slower than in the nation. Declining home prices, a significant reduction in housing permits, and spikes in foreclosures rounded out a generally ...
Journal Article
Like father, like son: have we changed our penny-pinching ways?
Our Yankee ancestors were known for their hard work, individualism, and aversion to excessive displays of wealth. Although much has changed since then, New England still shows remnants of its Puritan past.
Journal Article
New England approaches the 1990s
Speech
The economy and markets.
Presented by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the National Association of Industrial and Office Properties/ Boston Business Journal 2008 Business Conference
Journal Article
Dealing with deficits: how New England States are managing the fiscal crisis
Following the economic boom of the late 1990s, the current recessionary period has caused revenues to decline and demand for government services to rise. Now, government executives and lawmakers, faced with persistent budget deficits, are struggling with difficult decisions: "What cuts should we make?" "Could we, should we, raise taxes?" "How deeply do we dip into quickly diminishing reserves?"...
Journal Article
Growing... but slowing? : an overview of New England's economic performance in 2006
New England?s economic performance was somewhat mixed during 2006. On one hand, all six states added jobs over the course of the year, and the region?s unemployment rate remained steady. The region as a whole picked up jobs in nearly all major industries. Export values and income and wages also increased. One the other hand, much of the economic growth experienced by the region was slower than that seen in the nation as a whole. Although the unemployment rate did not go up for the region, the nation saw joblessness decrease. Moreover, real estate markets, though weak nationwide, were even ...
Journal Article
An overview of New England's economic performance in 2008
Like most of the nation, New England suffered economically in 2008. Job losses, rising unemployment, and slumping real estate markets were all factors in one of the worst years for the region?s economy. Nevertheless, while the recession certainly took its toll, it did not affect New England as much as it did the nation as a whole.
Journal Article
Is New England's fiscal crisis abating?
Here in New England, the potential for deficits in the current and next fiscal years, though not nil, is significantly reduced compared with recent years.
Journal Article
Regionalism picks up speed: New England states find common ground
Initiatives crossing northern New England state borders?including Amtrak?s Downeaster service, joint Maine and New Hampshire efforts to save Portsmouth Naval Shipyard jobs, and Northern Forest Center collaborations?suggest regional economic activity is bigger than ever.