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Pessimism, tariff tremors prominent in CPA execs' sentiment

Sentiment about the U.S. economy and CPA decision-makers' organizations continues to decline in 2025. Second-quarter results released Thursday by the AICPA and CIMA show a rising percentage of pessimists and more concern about the affects of tariffs. To analyze the results further, the JofA podcast welcomed back Ken Witt, CPA, CGMA, associate director–Management Accounting Research & Development.

In last quarter's Economic Outlook Survey, half of respondents were optimistic about their company's outlook for the next year. This quarter, that percentage dropped to 37% — and it's not the only…

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