The chamber serves the communities of Bellingham, Franklin, Holliston, Hopedale, Hopkinton, Medway, Milford, Mendon, Millis and Upton. For more information visit https://www.tricountychamberma.org
Senator Ryan Fattman, Senator Rebecca Rausch, Senator Karen Spilka and Senator Michael O. Moore will speak on the panel. Topics will include economic recovery and job creation, small business support, workforce development, infrastructure and transportation, tax policy, education and innovation, and environmental sustainability.We will also present 2023 Annual Business Awards, we hope you can join us and cheer for our fellow Chamber of Commerce members! For more information, visit the chamber’s website here.
According to multiple published articles, Tom Brady has parted ways with his partners in a business called TB12 that called Foxborough home. Gillette’s existing facility will close on Friday and a new health-oriented business, TBRx, will open on Monday, Oct. 23, at Franklin Village Mall.
Massachusetts business sentiment turned pessimistic again in September as employers worried about slowing orders and growing economic pressures on their workers. The Massachusetts Consolidated Industrial Business Confidence Index (BCI) fell 2.6 points to 49.8 at the end of the month, just below the 50 mark that distinguishes an optimistic from a pessimistic outlook. Employer confidence fell 4.1 percentage points from a year ago. The decline was driven by weaker perceptions of the Massachusetts and U.S. economies. A U.S. index measuring conditions across the country fell 6.5 points as Congress released information on national conditions in the hours following the government shutdown. The weakness reflects weakness in financial markets, which became unstable in September as the Fed continued its efforts to achieve a soft landing. For the quarter, the S&P 500 fell about 3.6%, the Dow fell 2.6% and the Nasdaq fell 4.1%. In September, the S&P 500 fell 4.9%, the Dow fell 3.5%, and the Nasdaq fell 5.8%. Although Massachusetts’ unemployment rate remains near a historic low of 2.6%, local employers sense the economy may be slowing and the job market may be easing. That sentiment was reflected in a Labor Department report Tuesday, which showed that job opening levels and rates in Massachusetts fell for a third straight month in July, while nationwide numbers were trending upward from June.
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