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Story summary
- Optimism among CPA business leaders regarding the U.S. economy rose to 34%, up from 27%.
- 54% anticipate a recession within the next year, down from 61%.
- Inflation has overtaken domestic conditions as the primary concern.
- Hiring intentions are stable, with 16% planning to hire, a two-point increase.
- Projected revenue growth remains at 1.5%, while profit expectations improved to 0.1%.
- Tariff impacts create uncertainty for 58% of executives.
