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Accountants Confidence Index -- July 2013

July 25, 2013

By Daniel Hood

Our Accountants Confidence Index continued on a positive track from the previous month, with expectations of growth in both the short- and the mid-term.

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 3-Month and 6-Month ACI readings for this month both stayed above 50, which is the divider between growth and contraction. The 3-Month ACI came in at 50.41, up from 50.34, while the 6-Month ACI hit 52.57, up from 52.33.

Most of the index components saw upticks, if only modest ones.

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.

July Accountants Confidence Index


Looking at the graphs of the components and the conclusion provided in the story, there appears to be a positive bias caused by data from large clients and own firm. The economy, midsize firm, and small business clients graphs indicate an negative or downward confidence. Is this a case of selective thinking?

Posted by: AltonE | July 25, 2013 1:18 PM

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