MASS. BUSINESS CONFIDENCE INDEX HITS 17-YEAR HIGH
By Colin A. Young
STATE HOUSE NEWS SERVICE
STATE HOUSE, BOSTON, JAN. 9, 2018.....Consumer confidence climbed again in December and ended 2017 on a high not reached since the beginning of the millennium, Associated Industries of Massachusetts said Tuesday.
AIM's Business Confidence Index rose by one point to 63.5 last month, capping the year off by reaching the index's highest level since November 2000. Through 2017, the index gained 3.2 points and employer confidence levels remained "comfortably within the optimistic range," AIM said.
AIM's index has been issued monthly since July 1991. It is presented on a 100-point scale, with 50 being neutral. The all-time high of 68.5 was recorded in both 1997 and 1998, the group said, and its low was 33.3 in February 2009. The index has remained above 50 since October 2013.
Already a subscriber? Login to continue reading...
Get the Rest of the Story!
State House News Service subscribers include media outlets, corporations, non-profits and law offices of every size. You may request a free 21-day trial of the News Service for your company by submitting the form below.
If you are already a subscriber and need access to SHNS, please send an email to firstname.lastname@example.org or call 617-722-2439.
Note to political campaigns: We do not accept trial requests from campaigns from June 24 through Election Day. However, we would be happy to start a pre-paid subscription for your campaign (except for constitutional offices) at a deeply-discounted rate of $21/week, paid through the election. Simply email Virginia Cummings to set up this subscription; she'll send you further instructions.