December 7, 2016

Post-Trump, state business confidence index continues climb

Wikimedia Commons / Gage Skidmore

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Buoyed by rallying financial markets, the lowest state unemployment rate in more than 15 years and the election of Donald Trump, employer confidence in Massachusetts rose to its highest point in more than a year, Associated Industries of Massachusetts said.

AIM’s Business Confidence Index rose 1.9 points to 58.1 in November, the third straight month of improved confidence and 1.2 points higher than a year ago.

The surge was propelled by “across-the-board bullishness about the state and federal economies, along with a continued recovery of confidence among Massachusetts manufacturers,” AIM said Tuesday.

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