“I’m trying to do the best I can to manage the situation,” Healey said. She added, “No state can come forward and replace what the federal government has taken away.”
government shutdown
Posted inEconomy
Survey: Mass. business confidence stuck in longest rut since pandemic
Federal policy changes and high costs within Massachusetts continue to squeeze businesses, and by one metric, Bay State employers have not felt this negative about the economic outlook since the first year of the COVID pandemic.
Posted inThe Codcast
Shutdown squeeze ups the odds of a Mass. recession
This week on The Codcast, CommonWealth Beacon reporter Jennifer Smith talks with Mark Williams, finance lecturer at the Questrom School of Business at Boston University. Now two weeks into the federal shutdown, Williams reviews an already bleak estimate of Massachusetts’s financial health if officials continue on their current spending path. Facing federal cuts, immigration policy changes, and the knock-on effects of the shutdown, Williams warns that the Bay State could be heading for a recession within a year.
Posted inEconomy
‘No margin for error’: State economic check-in spotlights tricky balancing act
With the “One Big Beautiful Bill” and a state economic lag colliding, Massachusetts budget-writers weigh options to balance the outlook.