OUTLOOK & ANALYSIS

Accounting Industry Expands at 5% Annual Rate

cpatrendlines jobs report tiltPayroll agency hiring surges. Wage growth slows at CPA firms.

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By CPA Trendlines

The U.S. tax, accounting and bookkeeping industries are turning out to be one of the brightest spots in the nation’s economy, growing at about 5 percent a year, with payroll agencies now turning in the strongest performance.

Wage growth, on the other hand, is showing signs of slowing down.

This month’s CPA Trendlines Jobs Report covers:

  • Current hiring trends in each of the bookkeeping, tax, payroll and CPA segments of the industry.
  • Average hourly wages for key segments.
  • Typical hours worked per week.
  • And trends concerning women in the accounting workforce.