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Mass. consumer confidence index holds steady

A statewide consumer confidence index maintained by Mass Index suggested that consumer confidence was stable during the second quarter, but perceptions about the job market remain negative.

“Massachusetts consumers are seeing more positive conditions in the state,” Mass Insight chief executive William H. Guenther said in a statement. “But there are enough dark clouds in the national and global picture to control their optimism.”

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The index uses a scale in which a reading below 100 indicates a negative outlook. For the second quarter, the index posted a score of 85, up from an 84 reading in the previous quarter. The reading for the second quarter of 2011 was 67.

To compute a second quarter reading, the research firm Opinion Dynamics Corp. conducted telephone interviews of 500 adult residents on behalf of Mass Insight.

The Massachusetts index is a modeled on the Conference Board Index, which looks to measure consumer confidence nationwide. The Conference Board is a New York private research firm.

In the second quarter, Massachusetts consumer confidence was more than 20 percent higher than national consumer confidence, Mass Insight said.

Mass Insight Global Partnerships is a Boston-based consulting and research firm that seeks to build regional and global alliances among higher education, industry, and government.

Chris Reidy can be reached at
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