Sharp Rise in Optimism for U.S. Economy and Improved Expectations for Hiring: Aicpa-Unc Quarterly Economic Survey

U.S. Newswire › March 03, 2011

Linked as:

Summary

Concerns about Inflation have Increased

NEW YORK, March 3, 2011 /PRNewswire-USNewswire/ -- CPAs expressed their highest level of optimism on the U.S. economy since the third quarter of 2007, according to the latest AICPA/UNC Quarterly Economic Outlook Survey. This upbeat assessment follows a modest outlook last quarter. In addition, there was a slight improvement in expectations for hiring and an uptick in plans for capital spending for IT and other areas over the next 12 months. On the broader level, there was concern about inflation.

See the full content of this document

Extract

Sharp Rise in Optimism for U.S. Economy and Improved Expectations for Hiring: Aicpa-Unc Quarterly Economic Survey

This quarter the Economic Outlook Survey introduces a new index. The CPA Outlook Index is a broad-based composite index that captures the expectations of our members and their plans for a breadth of indicators of economic activity. It is a composite of nine survey measures at equal weights. The CPAOI increased by ...

See the full content of this document