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Survey: Accountants' Global Confidence at All-Time Low

January 18, 2019

Economic confidence around the world has plunged to a new low point, according to a new survey of accountants by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). The quarterly Global Economic Conditions Survey found that confidence among ACCA and IMA members fell to an all-time low in the fourth quarter of 2018, the third consecutive quarter it declined. Among the factors cited were signs of weakening economic growth in the United States, China, and Europe. In the United States, the decline in confidence, which has mirrored volatility in the U.S. stock market, reflects factors such as less supportive monetary and fiscal policy. Read more at the IMA website.