Accountants Confidence Index — May 2017
After a jump in March, the Accountants Confidence Index took another big jump in April.
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 55.65, up almost three points from the previous month's 52.79. The 6-Month ACI, meanwhile, came in at 58.14, up more than a point from last month's 56.79.
Among the index components, the biggest increases were generally in the short-term, with expectations of growth over the next three months jumping by three or more points in all categories..
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.