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Accountancy Slice
North America
Business executives who are CPAs are increasingly optimistic about the U.S. economy and their companies, according to the first-quarter AICPA and CIMA Economic Outlook Survey. The survey, which included 236 CPAs in leadership roles, revealed that 39% of respondents are optimistic about the economy's outlook, a rise from 28% in the previous quarter. Tom Hood, executive vice president of business engagement and growth at AICPA, said: "Business leaders are feeling a renewed sense of optimism this quarter." Additionally, 55% of executives expect business growth, up from 48% last quarter. The survey also noted a decrease in the number of executives anticipating a recession, dropping from 52% to 36%. Overall, projected revenue growth for the next 12 months is now expected to be 2.9%.
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