CPAs See Best Outlook in Three Years, with Notable Exceptions

Some 76% of CPA corporate executives are now optimistic about the prospects for their own organization, less so about the U.S. economy in general.

CPA execs forecast economic boom.

By CPA Trendlines
via AICPA

The economy is poised to come roaring back in the year ahead, with forecasts for revenue and profit growth not seen since 2018, according to the second-quarter AICPA Economic Outlook Survey of members in business and industry.

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There are concerns, however. “Availability of skilled personnel” reemerged as the top-cited challenge for businesses as job recruitment turns up. And two-thirds of business executives now express concern about inflation, up from 44 percent last quarter.