12 Worcester Business Journal | February 21, 2022 | wbjournal.com
TURN YOUR BLUEPRINTS
INTO BUILDINGS
from expansion to construction.
baystatesavingsbank.com/commercial-construction-loans
January 314 287 289 295 311
February 175 199 187 189 295
March 246 253 223 185 197
April 207 210 229 93 218
May 199 236 187 158 210
June 220 213 224 206 266
July 165 200 187 242 235
August 197 211 229 230 219
September 191 201 208 249 243
October 168 173 175 218 194
November 161 174 128 171 179
December 125 130 129 147 164
TOTAL 2,368 2,487 2,395 2,383 2,731
Year-over-year
change 5.03% -3.70% -0.50% 14.65%
Central Mass.
New business starts
In order to do business in the state, new companies must initially register with the Massachusetts Secretary of the Commonwealth. Last year saw a double-digit percent increase in the
number of new incorporations in Central Massachusetts and statewide, with the region outpacing the whole of Massachusetts.
2017 2018 2019 2020 2021
Massachusetts
2017 2018 2019 2020 2021
3January 1,672 1,628 1,643 1,649 1,700
February 1,000 1,097 1,116 1,308 1,529
March 1,334 1,360 1,180 1,052 1,158
April 1,165 1,228 1,237 661 1,406
May 1,238 1,300 1,040 902 1,408
June 1,188 1,214 1,283 1,198 1,282
July 1,069 1,082 967 1,330 1,196
August 1,156 1,142 1,137 1,290 1,202
September 1,080 1,023 1,075 1,249 1,190
October 1,074 1,036 1,132 1,165 1,145
November 948 1,037 860 1,094 1,046
December 840 819 833 949 983
TOTAL 13,764 13,966 13,503 13,847 15,245
Year-over-year
change 1.47% -3.32% 2.55% 10.09%
