Business Confidence Rises Again in June
Confidence among Massachusetts employers rose for the fifth time in six months during June amid signs that the recovery of the labor market is gaining momentum. The Associated Industries of Massachusetts (AIM) Business Confidence Index rose 1.5 points to 63.4 last month, leaving it 14.4 points higher than a year ago. The increase was driven in part by the brightest assessment of the employment picture since April 2018. Hiring appears to be picking up after companies struggled for months with one of the tightest labor markets in decades.