Accountants Confidence Index — December 2015
The Accountants Confidence Index split the difference this month, with the short-term index rising slightly, and the mid-term measurement dropping just a hair.
The ACI, published 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 ACI came in at 50.11, up from the previous month's 49.95, and just above the 50-mark that separates expectations of growth from expectations of contraction. The 6-Month ACI, meanwhile, came in at 53.62, down slightly from last month's 53.66.
The biggest moves among the index components were in the respondents' prospects for mid-term growth, which dropped two points, and in their mid-term expectations for their large clients, which climbed two points.
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.