Description
This report discusses current demographic and economic trends in the city of Boston. In terms of demographics, this report shows that over the last decade Boston’s population has grown, became more racially and ethnically diverse, increased its share of young adults, and became more educated. As for the economy, Boston appears to have successfully weathered the storm of the most recent recession. The city has experienced strong job growth over the last year, decreased unemployment, and recent building permit data indicates a very active local real estate and construction market. Lastly, industry employment projections for the region suggest that Boston’s economy is poised to continue growing in the coming years.