Most people know Boston is the capital of Massachusetts and many refer to it as the “Capital of New England” due to its economic and cultural impact on the area. The Greater Boston area is home to 4.5 million people and is the tenth-largest metropolitan area in the country! The region is known for its high profile schools and universities, and they make up a large portion of the city’s jobs and economy. Because of the schools, the city has attracted a number of technology companies and has become a major area for biotechnology and health services.
Tourism is also a large part of the economy in Boston. Over $7.9 billion of the city’s economy comes from tourism and it ranks as the tenth most popular tourist location in the country. Other big industries in Boston include financial services – specifically mutual funds and insurance – printing and publishing, and it’s home to four major convention centers, making it a popular destination for conferences, conventions, trade shows, and meetings. Major companies such as Gillette and New Balance are headquartered there and the Port of Boston is the oldest continuously operating port in the country.
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