“Beige Book” Report for New England reveals signs of Improvement

A recent assessment of New England’s economy revealed somewhat promising results.  The researchers for the Federal Reserve Bank of Boston’s latest “Beige Book”  report showed that pay cuts were being restored, 401(k) matches are coming back, and companies are optimistically busy making expansion plans.  This forward movement of the New England economy is in sharp contrast to last year’s Beige Book report.  It is uncertain whether the economic trends revealing themselves this early in the year will continue, but many manufacturers have reported a strengthened demand for products and software and information technology companies have generally reported solid growth so far in 2010.

For more on economic conditions and business news in South Shore MA, visit the Patriot Ledger online.

For more information on renting office space in South Shore MA for your business, contact Classic Office Centers today.


You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

AddThis Social Bookmark Button

Comments are closed.