In partnership with:

Accountants Confidence Index -- April 2014

May 12, 2014

Our Accountants Confidence Index split between growth and contraction, with the short-term outlook particularly grim.

The ACI, created in partnership with ADP, is a monthly economic indicator that leverages the insights of accountants into the strength and prospects of businesses in the U.S. The 6-Month ACI readings for this month was on the positive side of 50, which is the divider between growth and contraction, but the 3-Month ACI reading dipped into negative territory. The 3-Month ACI came in at 49.92, down from 50.04, while the 6-Month ACI hit 51.30, down from 51.64.

None of the index components saw significant changes -- the vast majority ticked downward slightly, with the notable exceptions of minor increases in the respondents' short-term expectations for the U.S. economy, and their mid-term expectations for the growth of their own firms.

The ACI is created from a monthly poll of the Accounting Today Executive Research Council, an online community of more than 1,500 tax and accounting professionals.

April Accountants Confidence Index

All responses from a March 2014 survey of the Accounting Today Executive Research Council, an online panel of over 1,500 accounting professionals. The ERC and the ACI were created in partnership with:

1 Comment

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Accounting Today, please use the form below to login. When completed you will immeditely be directed to post a comment.