Worcester Business Journal

October 19, 2026

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wbjournal.com | October 19, 2026 | Worcester Business Journal 31 Economy Transforming the spaces where people work, play and gather With over 35 years of experience, JAM Corporation provides reliable, high-quality municipal construction, site development, commercial facility maintenance, and snow and ice management throughout Massachusetts. Based in Worcester, MA, we are committed to quality workmanship, safety, and dependable service from start to finish. MA DOT pre-qualified / bonded and insured. SPECIALIZING IN: 4 Municipal Projects & Public Works 4 Site Development & Land Clearing 4 Excavation, Grading & Drainage 4 Utilities & Underground Work 4 Sidewalks, Curbs & Paving Prep 4 Facility Maintenance 4 Snow & Ice Management 508-852-4119 www.JAMCorpMA.com 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 $20 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 $5.9 $6.6 $6.4 $6.9 $7.1 Professional and business services $5.4 $6.3 $6.6 $6.3 $6.4 Manufacturing $5.3 $5.6 $5.6 $5.5 $5.6 Government $5.5 $5.4 $5.5 $5.4 $5.5 Health care and social assistance $5.1 $5.1 $5.4 $5.6 $5.9 Retail $2.8 $3.2 $3.1 $3.5 $3.8 Finance and insurance $2.9 $2.7 $2.7 $2.6 $2.6 Construction $1.9 $2.1 $1.9 $1.8 $1.9 Information $1.2 $1.3 $1.4 $1.5 $1.5 Accommodation and food services $0.8 $1.0 $1.1 $1.2 $1.2 Transportation and warehousing $0.9 $1.0 $1.0 $1.0 $1.0 Educational services $1.0 $1.0 $1.0 $1.1 $1.1 Arts, entertainment, and recreation $0.2 $0.2 $0.3 $0.3 $0.3 All industry total $43.0 $46.0 $47.0 $47.0 $48.0 Notes: All figures in billions, in chained 2017 dollars; last updated: Feb. 5, 2026. New statistics for 2024, revised statistics for 2020-2023. Source: U.S. Bureau of Economic Analysis 2019 2020 2021 2022 2023 2024 $40,000 $50,000 $60,000 $70,000 $71,909 $69,159 $66,178 $64,827 $61,617 $56,394 Greater Worcester per-capita income Notes: In current dollars, not adjusted for inflation; last updated Feb. 5, 2026. Source: U.S. Bureau of Economic Analysis

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