CPA Optimism Rises Sharply

Upbeat assessment follows a modest outlook last quarter.

via AICPA

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.

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.