In a State of Business Address to members of One SouthCoast Chamber, Fall River Mayor Paul Coogan indicated that with new market rate housing under construction, national chain eateries locating in Fall RIver, and new Marijuana Retail locations opening in 2022, Fall River's overall economy was ''booming''.

One of the Co CEOs of One SouthCoast Chamber, Ric Kidder, told WSAR that there remain challenges regarding the cost of housing, which has in many cases been steadily rising as the 2023 arrival of Commuter Rail is being targeted.