In years past, economic development focused primarily on job creation and GDP growth as ways to measure progress. While these are still important measures, modern economic development practices have expanded to include a focus on inclusivity—making sure that economic benefits and an improved standard of living accrue to residents across the spectrum, and not just to those in select categories.
From 2015 through 2017, more than 10,000 New Englanders died from opioid overdoses. To better understand the factors behind the epidemic and the extent to which the crisis affects the region, a recent report by the New England Public Policy Center of the Federal Reserve Bank of Boston investigates the relationships between opioid abuse and various economic indicators in New England counties over the last two decades.
Last fall, a group of commercial and residential brokers, land use attorneys, licensed environmental professionals, economic developers, and others, met to discuss the elements of the Property Transfer Act. The Transfer Act was first adopted in 1985 and was subsequently amended over the years to encourage the clean-up of properties with environmental challenges. In current practice, the statute has negatively impacted economic growth without realizing many of the anticipated environmental outcomes.
Alissa DeJonge, CERC’s Vice President of Research welcomes Dr. Jeffrey Thompson, the Director of the New England Public Policy Center at the Federal Reserve Bank of Boston to discuss the findings in the latest research reported in, “The Growing Shortage of Affordable Housing for the Extremely Low Income in Massachusetts.”
It’s sunny and 86 degrees out today - the time of year to hit the beach, grill some burgers, and hope that the rooftop solar panels on my house are cranking out more energy than my air conditioner is sucking away. (Today, it may be a toss-up.) While the northeast is known for having higher energy costs than other areas of the nation, one bright spot is that there is greater financial and political incentive to implement clean, renewable, and energy-efficient technology here, which is reflected in Connecticut’s economic data.
With the 2019 Travelers Championship kicking off tournament play today, CERC’s Vice President of Research, Alissa DeJonge, welcomes guest Nathan Grube, the Tournament Director, to uncover interesting facts and statistics about Connecticut’s largest sporting event.
Now that schools around the state are finishing up the academic year and the first day of summer is tomorrow, it’s time to think about recreation and outdoor fun. However, every activity that we enjoy also has an effect on the economy. From movies to museums, and from beaches to boutiques, every purchase we make is a bonus to the tourism industry.
In this episode, Alissa DeJonge, Vice President of Research is joined by Mia Ying, CERC's Research Analyst to share recent research conducted on the Northeast states for a presentation given at the Merge Conference held by the Society for Marketing Professional Services.
As a transplant to Connecticut, I think my favorite time of year here is summer. Everyone talks about how beautiful the state is in the fall, as the foliage takes on those great colors, but I’ll take late spring into summer as everything turns green, the days just keep getting longer, and the temperatures keep going up.