AICPA to Release Results of Quarterly Economic Outlook Survey on Thursday, Aug. 31, 2017

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

August 28, 2017

NEW YORK (Aug. 28, 2017) – 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, Aug. 31, 2017.

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. 1, 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, managing director, Americas, global offerings and CGMA exam, for the Association of International Certified Professional Accountants, and Andy Bonner, CPA, CGMA, chief financial officer and executive vice president of First Century Bank and chairman of the association’s Americas Region Advisory Panel.