Thank you!
Your support is sustaining the future of local news in our communities.

Setting records

The Big Bang theory has it that about 13.8 billion years ago an explosion marked the beginning of the expansion of the universe. The word we’re fixed on here is “expansion.” The American economy is experiencing an economic expansion, and as long as the expansion continues, investor confidence appears ready to hang on for the ride. Last week we witnessed new milestones as major stock market indexes continue to rise.

The S&P 500, a broad index of of stocks, crosssed over the 5,000 level for the first time ever. The S&P 500 rose for the 14th week out of 15 by last Friday’s close, something that hasn’t happened since Richard Nixon was in the White House in 1972. The Nasdaq Composite, a tech stock barometer, also climbed, continuing a winning streak for the 15th week that it hadn’t seen since 1997. So did the Dow Jones Industrial Average, a basket of 30 stocks. All three indexes ended the week with gains.

Investors have been buoyed by strength in the labor market — a job-growth report showing employers added 353,000 jobs — and by solid corporate earnings.

In Connecticut, the economic picture also remains positive, according to the Connecticut Business and Industry Association. Real GDP grew by 4.7 percent in the state in the third quarter last year, which was slightly below the national average of 4.9 percent but double the rate for all of 2022. In November, Connecticut’s Department of Labor reported job growh for the third month in a row. And in the Hudson Valley, private sector jobs rose to 809,800, an increase of 6,100, over the year that ended in December, according to the New York State Department of Labor. Two of the New York region’s private sectors — health care and social assistance — posted year-over-year growth of at least 5.2 percent, the department reported.

Yet we have another set of data points that don’t relate to any kind of metaphorical Big Bang expansion at all. In an economy hallmarked by steady growth, approximately one in four households in our local region struggles to make ends meet.

According to the Connecticut United Ways, in its 2022 Alice report, an acronym that stands for Asset Limited, Income Constrained, Employed, 25 percent of the households in Northwest Connecticut earn more than the Federal Poverty Level but less than the basic cost of living in the area. The basics include: housing, food, child care, health care, technology and transportation. The United Way in the Dutchess-Orange County Region, reported in 2021 that the same percentage — 25 percent — of households in Dutchess County fell into the Alice category.

There are economic and market reports that set records, reflecting positive growth and aspirations for a continued expansion — with chronic shortcomings in the mix. In 2023 there were 1,111 households on waiting lists for affordable rental housing in the 21 towns that comprise the Northwest Hills Council of Governments. It’s a similar story in Dutchess County, where, according to DATAUSA, 19.5% of the population was living with severe housing problems in 2022. From 2014 to 2022, the percentage expanded by 1.1%.

Latest News

Benjamin Franklin’s glass armonica comes to the Berkshire Opera Festival

Dennis James plays the glass armonica in Colonial costume.

Dennis James

In the early 1760s, Benjamin Franklin was one of the most popular people in the world. The writer, printer, inventor and electricity pioneer was known throughout the British Colonies in America, as well as in Europe, as a respected intellectual and diplomat. While we know him as one of the Founding Fathers of the United States, he spent almost a third of his life in Europe. Eight of those years were spent in France, working to secure support from the French military during the Revolutionary War. But before that, he spent 18 years in England as a diplomatic representative from the colonies.

It was during that time when Franklin first witnessed a musician play a series of glass bowls by wetting his fingers and drawing them across the bowls’ rims. The sound was haunting and otherworldly — like nothing he, nor anyone else, had ever heard before. But as Franklin was transfixed by the sound, he saw what many great innovators see when witnessing something new: inefficiencies. The musician was moving all over the place, working far too hard to make these angelic sounds. So Franklin went about fixing the problem.

Keep ReadingShow less
More than movies: Jeremy Boviard found his calling at The Moviehouse

Jeremy Boviard, General Manager at the Moviehouse in Millerton.

Annette Stover
There’s something special about sharing a story in a room full of other people.
— Jeremy Boviard

Spend a few minutes talking with Jeremy Boviard about movies and you’re likely to forget what time it is.

Ask about a favorite film and he’ll happily explain the first time he saw it, how it was made and why it matters. One story leads to another. His enthusiasm is infectious. For Boviard, movies are far more than entertainment – they’re one of the best ways people connect.

Keep ReadingShow less
The mycelial web of nature, creativity, science and magic at Berkshire Mushroom Festival

Presenters at the 2025 Berkshire Mushroom Festival.

Daniel Shankin

“Mycelium is Earth’s natural Internet,” says mycologist Paul Stamets. He also calls fungi “the grand recyclers of the planet” and says, “Fungi are the interface organisms between life and death.”

If that sounds like a pretty good argument for paying more attention to what’s happening under your feet, the Berkshire Mushroom Festival is hosting a weekend made for you.

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

From grave to stage: “Zombie Prom” lights up the Sharon Playhouse

(From L to R) Jakob Kerr-Lucero (Jake), Charlotte Wise (Candy), Richie Crane (Joey), Brianna Vivace (Coco), and Vivian Burnham (Stage Manager) in rehearsal for Sharon Playhouse’s “Zombie Prom.”

Michael Kevin Baldwin

Jonny is dead. He’s also still dating Toffee. And he has every intention of making it to the prom.

That’s the basic problem at the heart of “Zombie Prom,” the gloriously campy musical comedy coming to the Sharon Playhouse Aug. 21-23.

Keep ReadingShow less
The flood that changed Winsted forever
Jack Lutris presented “Inundated” Connecticut’s Great Flood of 1955 at the American Mural Project in Winsted.
Jack Sheedy

The flood of 1955 was more than a natural disaster for Winsted, Connecticut. It was a defining event that changed the town forever, according to historian Hamish Lutris, who discussed the flood and its aftermath during a presentation Aug. 7 at the American Mural Project.

“For Winsted, this is really the operative event in their post-World War II history,” Lutris said. “Winsted, for better or worse, has never really been the same since that flood. Half of Main Street got kind of wiped out.”

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.