After a long spate of pessimism, our Accountants Confidence Index shook off the gloom and reported an expectation -- just barely -- of growth in both the short-term and the mid-term.
Following last month's flicker of hope, our Accountants Confidence Index moved even more firmly into positive territory for both the short-term and the mid-term.
Our Accountants Confidence Index continued on a positive track from the previous two months, with expectations of growth in both the short- and the mid-term.
After rebounding in October, our Accountants Confidence Index stayed positive this month, with expectations of growth in both the short- and the mid-term.
Our Accountants Confidence Index is much less pessimistic this month -- though it's still not optimistic, as our panelists still predict contraction in both the short term and the mid-term.
Our Accountants Confidence Index dropped fairly steeply this month, with two main possible culprits: First, our panelists may not have been pleased with the results of the election -- the accounting profession's political action committees had, overall, supported Gov. Romney's presidential bid -- but given that they seemed optimistic in the previous month, it seems likely that the devastation caused by Hurricane Sandy, which was still being assessed as we polled our Executive Research Council, plays a bigger role in the decline in the December ACI.
Our Accountants Confidence Index is balancing on either side of contraction, predicting a shrinking economy in the short term, and very, very, very modest growth in the mid-term -- though they seemed a little bit more optimistic in the run-up to the election.
Our Accountants Confidence Index continues to straddle contraction, predicting a shrinking economy in the short term, and very, very, very modest growth in the mid-term.
Our Accountants Confidence Index indicated a contraction in the coming three months -- but saw a light at the end of the tunnel, or at least six months from now.
