Chamber Of Commerce CEO Sees "Unnerving Trends" In Massachusetts Economy

CBS Boston

May 19, 2025

When it comes to the Massachusetts economy, the news just keeps getting worse. In a detailed analysis of the potential impact of new federal policies on the state, Boston University finance Prof. Mark Williams notes that some of our core industries are being "disproportionately" threatened by tariff hikes, cuts in funding for education and health care, and the persecution of immigrants. His forecast if this keeps up: six-figure job losses and enormous pressure on state and local budgets.

"That is on top of some unnerving trends that are already going on," says Jim Rooney, president and CEO of the Greater Boston Chamber of Commerce, in an interview on the Sunday edition of "Keller at Large."

Job creation in the state has stalled, Rooney said, with positions in research, medicine and life sciences at risk.

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