Business Community Profile
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:
Framingham’s key clusters include:
- Biotechnology and Technology
- Medical (Supplies and Service)
- MetroWest Medical Center
- TJX Companies
- Staples Corporation
Source: 2008 MA Division of Unemployment Assistance data and MetroWest Economic Research Center (MERC)
Source: MERC, Framingham State College, and the Massachusetts Division of Unemployment Assistance