| | | The latest Central Massachusetts business news | | Go here to view as a web page | | |
| | | Tuesday, August 1, 2017 | | | | | HomeGoods, T.J. Maxx to switch plazas in Milford | | | | HomeGoods and T.J. Maxx are switching plazas in Milford, leaving the Quarry Square Shopping Center in favor of the new Milford Crossing. | | | | Read more >> | | | | Worcester Co. foreclosures drop 39% | | | | Worcester County saw foreclosure petitions decreased by 39.1 percent in June amid a statewide decrease of 18.3 percent, The Warren Group reported Tuesday. | | | | Read more >> | | | | Golden Pizza to pay $584k in back wages, damages | | | | Golden Pizza, a chain with locations in Worcester, Shrewsbury and Auburn, has agreed to pay $584,000 in back wages and damages for 73 employees for failing to comply with overtime regulations. | | | | Read more >> | | |
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| | | | | | | | Cognex posts record $173M quarterly revenue | | | | Natick-based Cognex Corp. reported a new revenue high and a 30-percent increase in net income over 2016 in the second quarter. | | | | Read more >> | | | | Employer confidence slips in July amid hiring concerns | | | | Employer confidence edged down slightly in July, lead by concerns about hiring, according to the Associated Industries of Massachusetts. | | | | Read more >> | | | | Outstanding Women in Business Awards deadline is Friday | | | | Here is your chance to nominate a deserving business woman that you know, and have her accomplishments recognized and celebrated! | | | | Read more >> | | | | | | Like us on Facebook for our latest business news |
| | | | | | | | Question of the Week | | | | Can't answer the question in your email? Click here to view as web page before commenting. | In June, the median sale price of a single-family home hit $276,000 in Worcester County and $395,000 statewide, continuing their upward trend. While the price of real estate is a sign of strong demand, rising costs can price people out of the market and/or leave them with less disposable income. Are rising home prices good for your business? Yes. Rising property values means people are putting a greater value on Central Massachusetts.
Yes. Higher demand means more money is put into our economy and businesses like ours.
No. Our business cannot afford to pay more to lure talented workers to such a high-expense region.
No. This bubble will burst and lead us back into a recession.
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