
Mass. Businesses Turn Pessimistic, First Time Since 2020
Confidence levels among Massachusetts employers dipped back into pessimistic territory in May for the first time in more than two years.
Confidence levels among Massachusetts employers dipped back into pessimistic territory in May for the first time in more than two years.
Massachusetts employers in November reported the highest degree of confidence in their economic outlook since September 2021, according to the latest monthly report from the Associated Industries of Massachusetts.
Confidence among Massachusetts employers rose again in August, despite ongoing worries about inflation, recession and hiring challenges, a new survey says.
A strong outlook among manufacturers and a sense among all employers that economic conditions are improving helped drive business confidence up in July to a level not seen since before the COVID-19 pandemic, Associated Industries of Massachusetts said.
Confidence among Massachusetts employers continued to build in February, and has risen in seven of the last nine months.
COVID-19 vaccines have started landing in the arms of Massachusetts’ first responders and nursing home residents. But for now, businesses remain cautious about expansion plans for 2021, changing the characters of some banks’ commercial loan portfolios and increasing their share of real estate loans.
Business confidence remains in pessimistic territory, but analysts said Tuesday that a major employer survey is beginning to show signs of a brightening view now that Massachusetts has begun to restart economic activity.
Confidence among employers in Massachusetts continued its up-and-down trajectory in October, when the business community felt more optimistic about things.