Economic Optimism Crumbles: Tariff Uncertainty Shakes Business Confidence
Economic Optimism Crumbles: Tariff Uncertainty Shakes Business Confidence A chilling wave of pessimism has swept through the business world. The latest Economic Outlook Survey, released by the AICPA and CIMA, reveals a dramatic decline in economic optimism, leaving businesses bracing for impact. The survey, polling 328 key decision-makers – CEOs, CFOs, and controllers – paints a stark picture. Optimism about the domestic economy plummeted from a robust 67% in Q4 2024 to a mere 27% in the current quarter. Similarly,…