Business Confidence Tumbles in February

Business Confidence Tumbles in February

Business confidence posted its largest one-month drop since the onset of the COVID-19 pandemic during February as employer sentiment about the state and national economies turned bearish. The Associated Industries of Massachusetts Business Confidence Index (BCI) declined 5.2 points to 50.4, just north of the dividing line between optimism and pessimism on the 100-point BCI scale. The Index ended the month 4.1 points lower than in February 2024. …