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July

1

2009

Smart places, getting smarter: Facts about the young professional population in the New England states

This discussion paper, written by Federal Reserve Bank of Boston Senior Policy Analyst Heather Brome, builds on earlier research about trends in the region’s young professionals: it looks at the supply of young professionals in each New England state. The analysis reveals that, while there are some differences, all states are facing slow growth or no growth in this population. However, young people in New England states are highly educated and their educational attainment has increased over time, which bodes well for the future productivity of the labor force.

March

4

2009

The Impact of Housing Cost on Domestic Migration Rates in the U.S. Metropolitan Areas

This report, written by Barry Bluestone of Northeastern University, Mary Huff Stevenson of University of Massachusetts-Boston, and Russell Williams of Wheaton College, finds that an extraordinarily high cost housing market has a substantial adverse effect on a region’s ability to retain population and attract new residents, even where there is employment growth.

March

1

2009

Annual Report - 2008

Includes essays on the SoftSecond loan program in New Bedford, acquisition and rehabilitation of rental units in Lawrence, smart growth in Pittsfield, a 40B development in Middleborough, MHP technical assistance in Foxborough, and bond financing to refinance an expiring tax-credit project in Boston.