Skip to content
  • Mass. Business Confidence Up Slightly

    Worcester Business Journal Online - 01/08/2013

    Meanwhile, the group’s Employment Index, which measures confidence in hiring, rose to 50.6 in December, a 1.5-point jump. “Employers tend to be relatively confident about the situations of their own operations, but this is less true in times of high uncertainty,” said Alan Clayton-Matthews, professor at the School of Public Policy and Urban Affairs at Northeastern University, a BEA member. “Under the circumstances it’s good to see the Employment Index up a bit and above 50, though the readings are barely positive.”

    Confidence among manufacturers took a relatively large jump of 3.5 points to 48. But among other sectors, confidence declined. “These two trends are probably related, as manufacturing forms a larger part of the economy outside the immediate Boston area,” Clayton-Matthews noted. “Smaller companies, which in many cases pay personal rather than corporate income taxes, were much more negative than large ones on most questions.”

  • Cookies on Northeastern sites

    This website uses cookies and similar technologies to understand your use of our website and give you a better experience. By continuing to use the site or closing this banner without changing your cookie settings, you agree to our use of cookies and other technologies. To find out more about our use of cookies and how to change your settings, please go to our Privacy Statement.