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Pessimism, contraction plans rise for finance decision-makers, survey shows

Oct 01, 2023 · 2 min read

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Three years ago, at the onset of the COVID-19 pandemic, CPA decision-makers in business and industry were historically pessimistic about their own organisations. A year later, they were mostly optimistic, with 76% in the second quarter of 2021 expressing optimism about the year ahead.

Today, that positive sentiment essentially has been wiped out by inflation and other factors, according to a new quarterly survey that shows just 35% of respondents are optimistic about their companies.

The Business and Industry Economic

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