AIM: Mass. business confidence rose in Jan.
A confidence index that tracks the mood of local employers posted a 1.8-point gain in January for a reading of 52.8, a sign that many of the state’s business leaders believe that the economy is undergoing a “slow and halting recovery.” The monthly index is maintained by the Associated Industries of Massachusetts, or AIM. The index uses a 100-point scale. A reading above 50 indicates a positive outlook, a reading below 50 a negative one.