CPAs serving as top executives aren’t very optimistic about the economy, according to the latest Business and Industry Economic Outlook Survey conducted by the American Institute of Certified Public Accountants in October.

Only 30% said they are optimistic about the U.S. economic outlook over the next 12 months, a decline of 17 percentage points from July, when 47% said they were optimistic. When AICPA first conducted the survey in June 2004, 75% were optimistic or very optimistic about the U.S. economy.

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