AICPA to Release Results of Quarterly Economic Outlook Survey on Thursday, Sept. 1, 2016

Financial Experts Give Predictions on U.S. Business Hiring and Spending for the Coming Year

August 30, 2016

NEW YORK (Aug. 30, 2016) – The American Institute of CPAs will announce the results of its third-quarter Economic Outlook Survey, a measure of sentiment about the U.S. economy and key business performance categories for the coming year, at 7:00 a.m. EDT, Thursday, Sept. 1, 2016.

The AICPA quarterly survey is a forward-looking indicator that tracks the hiring expectations of CEOs, CFOs, controllers and other senior-level CPAs in business and industry over the next 12 months. As a point of comparison, the U.S. Department of Labor’s August employment report, scheduled to be released Sept. 2, looks back on the previous month’s hiring trends. 

The survey results will also include information on future plans for growth in marketing, training and business expansion, as well as anticipated fluctuations in different categories of business spending.

Executives available for press inquiries are: Arleen R. Thomas, CPA, CGMA, the AICPA’s senior vice president of management accounting and global markets; Valerie Rainey, CPA, CGMA, chair of the AICPA Business and Industry Executive Committee and senior vice president and CFO of CMA CGM (America) LLC; and Andy Bonner, CPA, CGMA, CFO and executive vice president of First Century Bank and a member of the AICPA Business and Industry Executive Committee.

The poll was conducted from August 9-24, 2016.