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Outlook 2021: Recovery and reinvention destined to shape vision into year (Editorial)

Outlook 2021: Recovery and reinvention destined to shape vision into year (Editorial) Updated Feb 15, 2021; Posted Feb 14, 2021 These are some of the salesmen at Marcotte Ford. Marcotte has been selling cars on Main Street for over 50 years. The toll the pandemic took on employment and education, health care and manufacturing, virtually every facet of our lives, is painfully real. What is at the same time inspiringly real are stories about how the region’s businesses and industries, nonprofits, retailers, entertainment venues, Realtors, car dealers, schools, colleges and universities and health care facilities confronted the pandemic head-on and are moving forward through recovery and reinvention.

After struggles of 2020, Mass employers optimistic to start new year

By State House News Service Confidence levels among Massachusetts employers rose for the fourth straight month and spilled into positive territory for the first time since before the pandemic, according to index results released Tuesday reflecting a survey of more than 140 employers. Associated Industries of Massachusetts reported a 52.4 reading on its confidence index, with readings above 50 reflecting mostly optimistic views. Employers are encouraged by reports of economic growth and the deployment of COVID-19 vaccines, but AIM says they are also mindful of stark disparities. We are really looking at two economies – one dominated by finance, manufacturing and technology that continues to grow and a second made up of travel, tourism and other public-facing industries that are likely to struggle for some time to come, Raymond Torto, chair of the AIM Board of Economic Advisors (BEA), said.

Employer Confidence Creeps into Optimistic Territory

Employer Confidence Creeps into Optimistic Territory 137 BOSTON Massachusetts employers began 2021 by turning optimistic for the first time since the COVID-19 pandemic shut down large swaths of the state and national economies last spring. The Associated Industries of Massachusetts (AIM) Business Confidence Index climbed to 52.4 during January, surpassing the 50 mark that denotes an optimistic view of the economy. The reading was 14 points higher than its 2020 nadir in April, but still almost 10 points below where it was in January 2020. The confidence report comes as Massachusetts continues a halting and uneven economic recovery. The good news is that the state grew at a 7.9% annual rate in the fourth quarter, double the national pace. The sobering news is that the Massachusetts unemployment rate surged to 7.4% during December.

Employer Confidence Flat in Massachusetts as 2020 Ends

Employer Confidence Flat in Massachusetts as 2020 Ends
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Editorial Roundup: New England

Editorial Roundup: New England
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