Economic confidence recovers to near pre-pandemic levels for finance leaders
Sentiment has risen for three consecutive quarters in a quarterly survey of CPA executives in business and industry. Revenue and profit are projected to increase in the next year.
By Andrew Kenney
The arrival of vaccines and a nascent economic recovery boosted the outlook of finance leaders, whose confidence drew closer to pre-pandemic levels in the first-quarter AICPA Business & Industry Economic Outlook Survey.
The survey’s CPA Outlook Index (CPAOI) rose six points to 68 out of 100, boosted in part by finance decision-makers’ optimism about revenue and profit for the coming 12 months. The nine-component index peaked at 81 in the first quarter of 2018 and had remained in the 70s until the second quarter of last year, when it dropped from 76 to 38. A reading above 50 reflects positive sentiment.
Henry Alexander ‘Hank’ Phillips
WILMINGTON Henry Alexander “Hank” Phillips, 84, died peacefully at home from complications of prostate cancer Tuesday, March 2, 2021.
Hank was born July 14, 1936, in Boston, Massachusetts, to Dr. Henry Phillips Jr. and Katharine Harris Phillips and was a native of Exeter, New Hampshire. He was known as “Sandy” while growing up in Exeter, in college and during his military service.
Hank graduated from Phillips Exeter Academy in 1955 with honors. He was a varsity athlete and class correspondent for 16 years. He was a director of the General Alumni/ae Association and a member of the school’s Heritage Circle.
Hank earned a B.A. Degree in Liberal Arts, majoring in French literature, from Haverford College, Haverford, Pennsylvania, in 1959. He was a member of Haverford’s Beta Rho Sigma Society and Jacob P. Jones Society. He captained varsity cross-country teams at Exeter and Haverford. He attended Camp Mowglis on Newfound Lake in Hebron
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The exhibit includes the photography of Samuel James whose long exposures capture the different flashing patterns, colors and behaviors of the many firefly species that illuminate the Eastern forest system.
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A Year on the Edge is Cincinnati Museum Center Edge of Appalachia Preserve System Director Chris Bedel; and Photographer Samuel James.
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