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After a couple of months of melting in the summer heat, the Accountants Confidence Index reversed its decline with the return of cooler weather.

In the heat of August, the Accountants Confidence Index continued to melt, with the short-term index indicating expectations of contraction in the economy.

After two months of rises, the Accountants Confidence Index took a dip this month.

Following up on last month's rebound, the Accountants Confidence Index saw a rise for a second month in a row.

After three months of downward momentum, the Accountants Confidence Index saw something of a rebound this month.

The Accountants Confidence Index continued its slow downward slide this month.

The Accountants Confidence Index dropped a very little bit from last month, but remained divided, expecting contraction in the short term and growth in the mid-term.

After retrenchment in the last two months, the short-term and mid-term ACIs shot up by more than two points each, both driven by extremely strong rises in our panelists' predictions for growth at their large-business clients.

In April, the Accountants Confidence Index gave back the gains it made in March, dropping two points to almost exactly the same level as in February. Both the short-term and mid-term ACIs were affected, though it's worth noting that both remain over the 50-mark that separates expectations of growth from expectations of contraction.