Survey: Confidence slips among Mass. employers
BOSTON -- A monthly index measuring confidence among Massachusetts employers has slipped a bit after showing improvement for two consecutive months.
Associated Industries of Massachusetts said Tuesday that its business confidence index fell nearly four points in September to stand at 51.3 on a scale of 100. That means employers, in general, are only slightly more optimistic than pessimistic about the economy.
The index rose slightly in July and August after a sharp drop of 8.4 points in June.
The head of AIM's board of economic advisors, Raymond Torto, says employers still see a lot of short-term uncertainty in the economy, though few expect the U.S. to fall into recession.