Inflation Worries Continue to Drive Down Outlook on U.S. Economy, AICPA Survey Finds | News
NEW YORK–(BUSINESS WIRE)–Dec 2, 2021–
Inflation fears and a tough hiring environment continue to drag down optimism in the U.S. economy, according to the fourth-quarter AICPA Economic Outlook Survey. The survey polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles.
Only 41% of business executives expressed optimism in the U.S. economy over the next 12 months, down from 51% last quarter and 70% in the second quarter. Survey takers also took a dimmer view of their own organization’s prospects, with 58 percent expressing optimism, down seven percentage points from the third quarter.
Inflation is now the top concern cited by survey respondents, nudging out the limited…
