Massachusetts employer confidence rose for the fourth consecutive month in July, reaching 52.7 as economic growth and business activity continued to strengthen despite ongoing concerns over inflation and costs.
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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 Strengthens Again in July
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