- Seventy percent of executives express optimism about the U.S. economy, up from 47 percent last quarter
- Hiring outlook increases significantly
- Inflation fears spike as raw material prices climb
NEW YORK–(BUSINESS WIRE)–Business executives are predicting the economy will roar back in the coming year, with revenue and profit growth expectations not seen since 2018, according to the second-quarter AICPA Economic Outlook Survey. The survey polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies who hold executive and senior management accounting roles.
Seventy percent of business executives expressed optimism about the U.S. economy over the next 12 months, up from 47 percent last quarter, as government relief funds, vaccine rollouts and relaxed workplace restrictions have improved business conditions. It’s the first time a majority of executives have held a…