You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Massachusetts business confidence drops as employers fret about the ‘fiscal cliff’

A monthly index that seeks to measure business confidence in Massachusetts fell 4.3 points in November as local employers fretted about the so-called fiscal cliff, a combination of steep tax increases and deep budget cuts that will go into effect early next year unless President Obama and Congress can devise an alternative plan.

The index is maintained by the Associated Industries of Massachusetts, or AIM, a group that represents Bay State employers. The index uses a 100-point scale. A reading above 50 indicates that the state’s employer community is predominantly optimistic, and a reading below 50 points suggests a negative outlook.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week