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Assumption Econ. Professor Predicts Growth for Worcester in 2014

Monday, February 17, 2014

 

Professor Thomas White, Professor of Economics at Worcester's Assumption College, predicts modest grown for Worcester during the first half of 2014.

Using an original combination of national and Worcester-specific economic metrics, Professor White has predicted a growth of 1.5 percent for Worcester's economy over the next three to six months. Professor White will continue to release reports on the state of the local economy, entitled Worcester Economic Indicators, each quarter. The next report will be issued in May.

To view the first Worcester Economic Index click here

“Worcester residents and city officials are interested in how their local economy is performing,” said Professor White. “When the national economy is strong, the Worcester economy tends to be strong as well, but that is not always the case. As such, the Worcester Economic Index (WEI) is providing additional, important information on the city’s economic outlook.”

Professor White's report makes use of national statistics including consumer expectations, changes in the S&P 500 Index, the interest rate spread, and the Leading Credit Index. In addition, the WEI takes into account local measures of economic health like non-farm payroll employment, household employment and the unemployment rate within Worcester.

 

Related Slideshow: New England Colleges With the Best Undergraduate Teaching

U.S. News & World Report released a survey conducted in 2013 of college administrators on the best schools for undergraduate teaching. Several New England made their lists for best National Universities, Liberal Arts Colleges, and Regional Universities. See which schools made the lists in the slides below: 

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National Universities

9. Brown University

Providence, RI 
 
Students: 6,435
2013-14 Tuition: $45,612
Admissions: 9.6% Acceptance Rate
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National Universities

5. Yale University 

New Haven, CT
 
Students: 5,405
2013-14 Tuition: $44,000
Admissions: 7.0% Acceptance Rate
Prev Next

National Universities

1. Dartmouth College

Hanover, NH
 
Students: 4,193
2013-14 Tuition: $46,752
Admissions: 9.8% Acceptance Rate
Prev Next

National Liberal Arts Col

18. Mount Holyoke College

 
South Hadley, MA 
 
Students: 2,322
2013-14 Tuition: $41,456
Admissions: 42.1% Acceptance Rate
Prev Next

Liberal Arts Colleges

9. Amherst College

Amherst, MA
 
Students: 1,817 
2013-14 Tuition: $46,574
Admissions: 13.0% Acceptance Rate
Prev Next

Liberal Arts Colleges

5. Williams College

Williamstown, MA
 
Students: 2,052
2013-14 Tuition: $46,600
Admissions: 17.0% Acceptance Rate
Prev Next

Regional Univ. - North

4. Fairfield University

Fairfield, CT
 
Students: 3,879
2013-14 Tuition: $42,920
Admissions: 71.2% Acceptance Rate
Prev Next

Regional Univ. - North

2. Providence College

Providence, RI
 
Students: 3,810
2013-14 Tuition: $42,206
Admissions: 61.0%
 
 

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