Economic News – August 2021
The economy just finished the second quarter coming off the second strongest growth rate since 1978. The powerful post-pandemic reopening boost is still unfolding. But the rapid reopening has brought with it a host of problems, highlighting the fact that the road to normalcy is unlikely to be smooth.
Bob Rose – Chief Credit Officer – What’s on the Economic Horizon
How has the pandemic affected the business climate, and what’s on the horizon for the local economy the remainder of the year? Bob Rose, Brookline Bank’s Chief Credit Officer talks about the top economic issues facing the region with Ann Murphy, at Seven Letter Associates. OA On Air · EXTRA: Ann Murphy Interviews Brookline Bank […]
Economic News – July 2021
Americans are as flexible as they are resilient, so it comes as no surprise that they are efficiently adapting to a post-pandemic world. For sure, the health crisis has not been entirely vanquished.
Economic News – June 2021
The economic environment is ripe for naïve and misguided narratives. Taken at face value, the latest reports on jobs, consumer prices, and retail sales suggest that the U.S. is in the grips of a jobless recovery and a stalling economy that is weighed down, by worrisome inflationary pressures.
Pat King – Keeping Information Secure in a Work-at-Home Environment (interview starts at 22 minutes, 27 seconds)
COVID-19 has affected the world in many ways. One significant impact was a large majority of the workforce, moving their work stations to their homes. In this week’s edition of OA on Air, Pat King, Brookline Bank’s Information Security Officer, talks to Seven Letter Partner, Ann Murphy about the importance of keeping information secure whether […]
Economic News – May 2021
The well-telegraphed heat wave in economic activity is underway. Most key economic data for March exceeded expectations, punctuating a quarter that turned out to be considerably stronger than anyone predicted earlier in the period.
Economic News – April 2021
Spring has sprung, and the season of hope is resonating throughout the economy. After suffering a 3.5 percent contraction in 2020 – the steepest since demobilization in 1946 – real GDP is poised to surge as much as 7 percent this year, which would rival the biggest annual gains since World War II.
Darryl Fess – 2021 Economic Outlook
We asked our President & CEO, Darryl Fess, to answer a few questions about what he believes will impact businesses and the economy in Greater Boston, including the impact of the Coronavirus Pandemic, remote work environment, changes in banking sector, horizons for commercial real estate, Brookline Bank’s 150th Anniversary. There are two ways to partake […]
Economic News – March 2021
The bleak economic landscape that prevailed in the closing months of 2020 has not faded from the collective memory of the American public. With the pandemic still claiming too many lives and the economy still reeling from business restrictions and virus fears that hamper normal behavior, the lingering effects cannot be ignored.
Leslie Joannides-Burgos – Staying Open During a Pandemic
Brookline Bank’s EVP of Retail and Business Banking, Leslie Joannides-Burgos discusses how, as an essential service, the bank has remained open through the Covid-19 pandemic. Hear how Brookline Bank adapted daily operations to continue to meet customers’ needs, while providing a safe environment for both customers and employees. Leslie’s interview with with Ann Murphy, of […]
Economic News – February 2021
It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently adhere to social distancing protocols.
Economic News – January 2021
We’ve always said that the health crisis would determine the path of the economy, and the latest news on the pandemic is concerning. Cases of the virus, hospitalization and mortality rates have surged to unfathomable levels, and health experts believe this distressing trend will accelerate after the holidays.