News
Resources
- Free Trading Course
- Market Commentary
- Top Stocks
- Top ETFs
- Top Penny Stocks
- Top Forex Pairs
- Email Services
- Free Tools
- About INO
- Exchange Pages
- Extreme Futures
- Extreme Stocks
- Futures Prices
- Symbol List
Free Report
Market Commentary and Intraday News
Mass. business confidence index dropped in June
321 days ago
(AP:BOSTON) A survey of business confidence in Massachusetts shows the second largest monthly drop in the index's 21-year history.
Associated Industries of Massachusetts says its survey of its members showed an 8.5 point drop from May. The group reported Monday that the overall reading of 48.3 out of 100 was the monthly index's lowest since October.
The chair of AIM's Board of Economic Advisers, Raymond Torto, says that while the economy is in much better shape than three years ago, it's still fragile and employers are aware of threats and uncertainties.
As examples, he cited financial troubles in Europe and negative reports on employment, industrial production and retail in the United States.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
