AICPA to Release Results of Quarterly Economic Outlook Survey on Thursday, June 2, 2016

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

May 31, 2016

The American Institute of CPAs will announce the results of its second-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, June 2, 2016.

The AICPA survey is a forward-looking indicator that tracks the hiring expectations of CEOs, CFOs, controllers and other senior-level CPAs over the next 12 months. As a point of comparison, the U.S. Department of Labor’s May employment report, scheduled to be released June 3, looks back on the previous month’s hiring trends.

The survey results, which will be posted on the AICPA Press Center, 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.

Arleen R. Thomas, CPA, CGMA, AICPA Senior Vice President, Management Accounting & Global Markets and Valerie Rainey, CPA, CGMA, chair of the AICPA’s Business and Industry Executive Committee and CFO of CMA CGM (America) LLC, will be available for press inquiries.

The poll was conducted from May 10-26, 2016. The quarterly Economic Outlook Survey measures the views of CPAs serving in business and industry who are closest to the finances of their companies and hold well-informed, sophisticated views of the economy.