In an all-new episode of The Business Beat, Steve Jones-D’Agostino, strategic partner of Susan Wagner PR + Best Rate of Climb, interviews Rick Saia, editor of Worcester Business Journal. They talk about WBJ’s “25th Anniversary” and “2015 Economic Forecast” issues.
In the spirit of full disclosure, Steve did freelance writing and editing for WBJ’s “25th Anniversary” issue.
As Worcester Business Journal observed in its recent “25th Anniversary” issue, “There’s the old adage, ‘The more things change, the more they stay the same.’ To a certain degree, that applies to the Central Mass. business community. Banking, finance, technology, retail and education continue to be our economic pillars. But much change has also occurred over the last quarter century. Most of our regional banks are no longer locally based and many of our local retailers – Spag’s, O’Coin’s and Building 19, among them – have gone out of business.
“In examining business and the economy on Central Mass. over the last 25 years, we have discerned key patterns. Perhaps the dominant one is the importance of the region’s economic diversity in both good times and bad. Because Central Mass. and its main city, Worcester, have always had more than one industry to rely on, even bad times weren’t as bad as they might have been in a place with a single type of business. That advantage has been put to the test over the past quarter century, though. Because of the increasing globalization of world markets, Central Mass. and the rest of the nation have struggled to discard old business models and help construct the economy of the 21st century. It will be one based largely on highly skilled and trained labor and focused on emerging markets, including clean energy, medical devices, fitness and nutrition.”