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Business Community Profile
Economic Status
In 2008, Framingham’s commercial and industrial sector includes over 2,200 businesses, generates, over 45,000 jobs, with a $3 billion payroll and an average annual wage of $68,000. This represents 41% of the total employment in MetroWest and almost 45% of the total MetroWest payroll1. Framingham’s diverse commercial clusters have helped it weather the economic downturn and though the town has lost jobs, the unemployment rate at 6.3% is still significantly below the state (8.3%) and national averages (9.5%)2.   See Framingham mentioned in WIRED Magazine Online!

Who Chooses Framingham?
Framingham counts a number of world-class names among those who have chosen to do business in Framingham.

Framingham is the world headquarters for:

Additional major employers in Framingham include:

Clusters
Framingham’s key clusters include:
  • Biotechnology and Technology
    • Genzyme
    • Bose
  • Medical (Supplies and Service) 
    • MetroWest Medical Center
    • Lifeline

1 Source: 2008 MA Division of Unemployment Assistance data and MetroWest Economic Research Center (MERC)
2 Source: MERC, Framingham State College, and the Massachusetts Division of Unemployment Assistance

Regional Biotech Cluster