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Study shows rate of inflation in Massachusetts outpacing rest of country
cbsnews.com/ ^ | 7/28/2022 | BETH GERMANO

Posted on 07/28/2022 8:29:32 AM PDT by bitt

BOSTON - A new study from the Beacon Hill Institute says the rate of inflation in Massachusetts is outpacing the country in several key categories including gas, used vehicles and electricity.

Chris Wallerce, owner of Winthrop Marketplace, says he's seeing the signs of inflation in his store with increasing on everything. "It's the hardest it's ever been to be in business with every cost going up," said Wallerce.

He can't even offer the sales he used to with vendors passing on costs for things like fuel and packaging. "I used to get deals from vendors and could offer 10 items for $10. Now it's four five dollars or two for three dollars."

Even his electric bills have tripled just trying to keep all his freezers running 24 hours.

Customers are feeling the pinch like Kristin Boivin shopping with her children. "We're not buying anything extra only what we need," Boivin said. "We're cutting corners everywhere really."

According to the study, the news is discouraging when it comes to prices in Massachusetts. Gas prices are up 54% compared to 48% nationally, used vehicles are up 37% versus 35% nationally, natural gas up 27% compared to 21.6% nationally.

Transportation services are the only lower costs in the top five compared nationally with 20% versus 27%. Electric costs in Massachusetts are up 14.5% compared to 11% nationally.

"Those top five goods make up a majority of what people spend money on," said Paul Caney with the Fiscal Alliance Foundation.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Government
KEYWORDS: excellent; haha; inflation; itistolaugh; massachusetts; thatsashame
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1 posted on 07/28/2022 8:29:32 AM PDT by bitt
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

https://www.fiscalalliancefoundation.org/new-study-inflation-effects-massachusetts?

https://assets.nationbuilder.com/fiscalalliancefoundation/pages/71/attachments/original/1658934356/7.27.2022_Fiscal_Alliance_Foundation_Study_done_by_BHI_on_Inflation_in_Massachusetts.pdf?1658934356


2 posted on 07/28/2022 8:31:20 AM PDT by bitt ( <img src=' 'width=50%> )
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To: bitt

Someone should ask Pocahontas about this ….


3 posted on 07/28/2022 8:32:37 AM PDT by Col Frank Slade
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To: Col Frank Slade

Jake, its Massachusettes.


4 posted on 07/28/2022 8:37:13 AM PDT by Mouton (The enemy of the people is the media )
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To: bitt

Serves them right for wearing those goofy yellow baseball uniforms.


5 posted on 07/28/2022 8:37:19 AM PDT by P.O.E.
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To: bitt

Knowing rental apartments were at least $2,000 a month 20 years ago, I’d hate to pay what they are asking now.


6 posted on 07/28/2022 8:38:50 AM PDT by 1Old Pro
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To: P.O.E.

I have to agree with you. The Bruins wear the Yellow and Black well. The Red Sox? It just looks stupid.


7 posted on 07/28/2022 8:41:45 AM PDT by Vermont Lt
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To: 1Old Pro

My son pays $1700/month for a 1 bedroom in Groton, MA an hour outside of Boston.


8 posted on 07/28/2022 8:41:48 AM PDT by woodbutcher1963
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To: woodbutcher1963
an hour outside of Boston

Yep, I'm referring to Newton, or Marlboro Street.

9 posted on 07/28/2022 8:43:20 AM PDT by 1Old Pro
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To: Vermont Lt
The Red Sox? It just looks stupid.

For the longest time, Fenway had a 'monster' "BLACK LIVES MATTER" sign, facing the adjacent Mass Pike (I90). I literally stopped using that road to avoid having to see that sign.

I will note that they've since taken down that sign.

10 posted on 07/28/2022 8:47:20 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: bitt

Ha ha ha ha ha ha.


11 posted on 07/28/2022 8:49:06 AM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: HighSierra5

Mass is full of arrogant erudite jerkoffs and lowlifes. couldn’t happen to a nicer bunch. They should join NY, NJ, IL, CA, WA and Oregon in their own tranny friendly new country of Moronovania.


12 posted on 07/28/2022 8:53:41 AM PDT by pburgh01
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To: 1Old Pro

Hi.

For about 10 years I would go to Needham, MA every quarter or there abouts. Had a store on Highland Ave near the highschool.

Always stayed at the Newton Marriott on the Charles river.

Back then I enjoyed going to Boston etc.

5.56mm


13 posted on 07/28/2022 8:53:49 AM PDT by M Kehoe (Quid Pro Joe and the Ho got to go.)
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To: bitt

Good.........................


14 posted on 07/28/2022 8:54:24 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: 1Old Pro

The lady sitting next to me lives in Medford. She said a 2 BD Rm apartment in Newton is $3500 or more. Another young gut shares a house in Sommerville.

Even 2 bd rm apartments out around between rt 128 and 495 are now $2400-2800.

My son works at Devins in Ayer, MA.


15 posted on 07/28/2022 8:54:53 AM PDT by woodbutcher1963
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To: M Kehoe
Always stayed at the Newton Marriott on the Charles river

Stayed there many times, back when it was $99, or $125/night. Probably also close to 15+ years ago.

16 posted on 07/28/2022 8:55:54 AM PDT by 1Old Pro
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To: woodbutcher1963
2 BD Rm apartment in Newton is $3500 or more

Sounds about right.

17 posted on 07/28/2022 8:56:53 AM PDT by 1Old Pro
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To: C210N
The Red Sox began to die when the Yawkeys sold out. Born in Boston, was a fan from early childhood. Fled Massachusetts in 1977, never to return. Sad, but not sorry to call myself a refugee. All I feel now is schadenfreude.
18 posted on 07/28/2022 8:58:55 AM PDT by Chad C. Mulligan
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To: bitt

Good, the idiots up there will still vote lib.


19 posted on 07/28/2022 9:01:38 AM PDT by kenmcg (tHE WHOLE )
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To: Chad C. Mulligan

WHAT???

The best thing for the Red Sox was the Yawkey family selling the team. They finally put some money into Fenway Park. It was a terrible place to go a game. Now it is great.
Plus they actually spent the money to get some good players so they could compete with the YANKEES.
They have had four championships since the Yawkeys sold the team. We all know how many they had previous to 2004. When Babe Ruth was on the team.


20 posted on 07/28/2022 9:05:44 AM PDT by woodbutcher1963
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