Worries About Inflation, Recession and Potential U.S. Default Drag Down Economic Outlook, AICPA & CIMA Survey Finds
Fifty-six percent of business executives now express pessimism about the U.S. economy Hiring picture remains strong but shows signs of softening Negative profit expectations resurface NEW YORK, June 1, 2023 /PRNewswire/ -- Last quarter's modest lift in business executives' view of the U.S. economy proved short-lived, with a majority now expressing pessimism about the next 12 months, according to the second-quarter AICPA & CIMA 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...