AICPA & CIMA Report Reveals Economic Outlook Drop in Manufacturing Sector

CGMA Global Economic Forecast report reveals half of U.S. companies are optimistic about their own prospects


  • Industry Sector Outlook: From an industry sector perspective, 53 percent of finance and insurance respondents are now optimistic about their own companies, followed closely by those in retail and wholesale trade, 50 percent. All other sectors reported less than 50 percent optimism, including banking, 48 percent, manufacturing, 45 percent and technology, 41 percent.

 

The 10 factors included in the CGMA Global Economic Index are global economy optimism; domestic economy optimism; organization optimism; expansion plans; revenue; profits; employment; IT spending; other capital spending; training & development.

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