Massachusetts employer confidence edged up in April to 47.9 but remains in pessimistic territory, with employers cautious for 13 of the past 14 months.
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The Business Confidence Index (BCI) gauges the economic vitality of Massachusetts. Scored on a 100-point scale, with 50 indicating neutrality, readings above 50 signify optimism, while those below indicate pessimism. The BCI is overseen by the AIM Board of Economic Advisors, comprised of distinguished economists and business leaders. It assesses employer readiness to expand, hire, and make capital investments.
Business Confidence Edges Up in April
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