The profession's confidence in the U.S. economy is growing even more strongly than before, according to the March edition of Accounting Today’s monthly Accountants Confidence Index.
After both breaching positive territory the month before, both the 3-Month and 6-Month ACI readings for March rose even further into expansionary territory. The 3-Month ACI came in at 52.39, up from 50.01 -- and comfortably above the 50 mark that indicates the dividing line between expectations of growth and expectations of contraction. The 6-Month ACI, meanwhile, hit 53.47, up from last month's 51.53.
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