Author: Michael Norton
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Experts Say Global Conditions, Uncertainty Slowing Economic Growth
By Michael Norton STATE HOUSE NEWS SERVICE STATE HOUSE, BOSTON, SEPT. 27, 2012–The Massachusetts economy has downshifted to a “lower gear,” held back by deteriorating global conditions, with slower growth expected to continue in the coming months, according to the latest from Massachusetts economic analysts. According to a summary released Thursday morning of a MassBenchmarks…
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Patrick Signs $32.5 Billion State Budget, Vetoes $32.1 Million in Spending
By Michael Norton STATE HOUSE NEWS SERVICE JULY 8, 2012…Gov. Deval Patrick on Sunday signed a $32.5 billion state budget that raises state aid for public schools by 4.5 percent and counts on $700 million in health care cost savings to achieve balance. Patrick found only $32.1 million in objectionable spending in the budget crafted…
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MASS. HOME SALES SLUMP TO LOWEST LEVEL IN 21 YEARS
By Michael Norton STATE HOUSE NEWS SERVICE STATE HOUSE, BOSTON, JAN. 24, 2012….Home sales in Massachusetts in 2011 hit their lowest levels since 1990, despite low interest rates and “soft” median sales prices that dropped 3 percent last year, real estate market analysts reported Tuesday. At just 15,122, condominium sales also plummeted 16 percent last…