The profession's confidence in the U.S. economy is growing somewhat, according to the February edition of Accounting Today’s monthly Accountants Confidence Index.
Both the 3-Month and 6-Month ACI readings for February rose slightly, inching into expansionary territory for the first time in several months. The 3-Month ACI came in at 50.01, up from 48.68 and just barely above the 50 mark that indicates the dividing line between expectations of growth and expectations of contraction. The 6-Month ACI, meanwhile, hit 51.53, up into positive territory from last month's 49.91.
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