Employers lose confidence; but see Massachusetts recovery outpacing national economy during COVID-19 pandemic

Business confidence fell in July, four months after the index suffered the largest one-time decline in its history a coronavirus hit followed by a modest spring recovery, Associated Industries of Massachusetts said Tuesday. Associated Industries of Massachusetts Business Confidence Index fell 3.2 points to 45.8, showing a predominantly pessimistic outlook among businesses throughout the commonwealth, according to a news release Tuesday. Confidence was 16.2 points less than in July 2019.

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