Massachusetts business confidence fell for the first time in five months in August, dropping to 47.4 as concerns over tariffs, inflation, and interest-rate hikes outweighed steady economic growth.
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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.
Tariffs, Inflation Erode Business Confidence in August
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