The accounting profession's expectations for economic growth wobbled slightly, but remained positive for the fourth month in a row, according to the January edition of Accounting Today’s monthly Accountants Confidence Index.
The 3-Month and the 6-Month ACI had risen somewhat over the summer months before sinking sharply for September, with the short-term figure dipping below the 50 mark that is the dividing line between expectations of growth and expectations of contraction. Starting in October, however, both ACIs recovered, only to dip slightly for December though they remained above 50.
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