"The AIM Index is a survey of more than 140 Massachusetts employers that has run since 1991. It is calculated on a 100-point scale, with 50 as neutral; a reading above 50 is positive, while below 50 is negative. The state's March rating was 47, down from 52 in February."
"We're seeing employers grow more cautious, though not overly pessimistic. The economy has remained resilient so far, but rising geopolitical tensions, volatile trade policy, a slowing labor market, and the risk of tariff and energy price increases are concerning."
Employer business confidence in Massachusetts fell to 47 in March, influenced by rising energy costs and the war in Iran. Despite the addition of 178,000 new jobs and a stable unemployment rate of 4.3%, the Associated Industries of Massachusetts Business Confidence Index indicates a pessimistic outlook. Employers expressed concerns over increased costs due to geopolitical tensions, while some noted strong gains in labor productivity and company earnings. Overall, confidence has declined steadily over the past year amid changing trade policies and economic uncertainties.
Read at Boston.com
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