Alan Clayton-Matthews comments on survey results concerning confidence in Massachusetts’ business climate.
By Chris Reidy | The Boston Globe | October 2, 2012
A business confidence index maintained by the Associated Industries of Massachusetts lost 3.9 points in September to post a reading of 51.3, the association said Tuesday.
“We have just been bumping along the road since the initial rebound from the depths of recession faded in mid-2010,” Raymond G. Torto, the chair of the associations’ Board of Economic Advisors, said in a statement. “This year, looking past month-to-month fluctuations, the quarterly averages run 54.2, 54.1, 52.6 – no progress at all, in fact a slow erosion.”