Confidence among accounting and finance workers dropped in July, due mainly to less optimism regarding personal finances and lower levels of job satisfaction, according to the Hudson Employment Index.

Confidence in the accounting and finance sector dropped three points, from 113.2 to 110, last month, compared to national worker confidence in the labor market moving ahead slightly to 103.7 from 103.  The percent of accounting and finance workers rating their finances favorably (excellent or good) fell from 61 percent to 54 percent. The index is compiled each month by an independent research firm and is based upon telephone interviews and survey responses from approximately 9,000 U.S. workers.

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