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wbjournal.com | November 3, 2025 | Worcester Business Journal 23 L O C A L E X P E R T I S E W I T H A G L O B A L P R E S E N C E GLICKMANKOVAGO.COM 508.753.9100 brokerage@glickmankovago.com BROKERAGE PROPERTY MANAGEMENT CONSTRUCTION We are the only full-service commercial real estate firm in Central MA. That means we are the only local firm providing all of the following services: Economy Mass. GDP, by major industry 2020 2021 2022 2023 2024 Professional and business services $113 $129 $135 $136 $141 Real estate and rental and leasing $75 $80 $83 $85 $86 Health care and social assistance $52 $54 $55 $58 $59 Government $52 $52 $52 $52 $53 Information $35 $40 $44 $49 $52 Manufacturing $48 $52 $52 $50 $51 Finance and insurance $53 $51 $49 $47 $46 Retail trade $25 $25 $23 $26 $28 Construction $21 $22 $20 $19 $20B Education $16 $16 $17 $18 $18 Accommodation and food services $11 $14 $16 $17 $17 Transportation and warehousing $9 $12 $11 $12 $13 Arts, entertainment, and recreation $4 $5 $6 $6 $6 Agriculture, forestry, fishing and hunting $0.8 $0.8 $0.9 $0.7 $0.7 All industry total $560 $597 $607 $615 $629 Notes: All figures in billions, in chained 2017 dollars. Last updated: Sept. 26, 2025. New statistics for 2024; revised statistics for 2020-2023. Source: U.S. Bureau of Economic Analysis Central Mass. GDP, by industry 2020 2021 2022 2023 2024 Real estate and rental and leasing $6.6 $6.8 $7.3 $7.3 $7.5 Professional and business services $5.5 $5.6 $6.5 $6.9 $6.7 Manufacturing $6.5 $6.2 $6.4 $6.7 $6.5 Government $6.3 $6.0 $6.0 $6.1 $6.2 Health care and social assistance $5.6 $5.6 $5.6 $5.8 $6.0 Retail $3.2 $3.1 $3.6 $3.4 $3.8 Finance and insurance $2.7 $3.0 $2.7 $2.7 $2.7 Construction N/A $2.1 $2.2 $2.0 $2.0 Information $1.3 $1.2 $1.4 $1.4 $1.5 Accommodation and food services $1.3 $0.9 $1.2 $1.3 $1.3 Transportation and warehousing $1.2 $1.1 $1.2 $1.2 $1.1 Educational services $1.1 $1.1 $1.1 $1.1 $1.1 Arts, entertainment, and recreation $0.3 $0.2 $0.3 $0.3 $0.3 All industry total $48.9 $48.2 $50.7 $51.7 $51.9 Notes: All figures in billions, in chained 2017 dollars; last updated: Dec. 4, 2024. New statistics for 2023; revised statis- tics for 2019-2022. BEA's definition for Greater Worcester includes Worcester County and Windham County, Conn. Source: U.S. Bureau of Economic Analysis $50,000 $55,000 $60,000 $65,000 $70,000 2019 2020 2021 2022 2023 $67,810 $60,161 $63,348 $65,083 $55,314 Greater Worcester per-capita income Notes: In current dollars, not adjusted for inflation; last updated Feb. 20, 2025. Revised statistics for 2019. BEA's definition for Greater Worcester includes Worcester County and Windham County, Conn. Source: U.S. Bureau of Economic Analysis