Friday, March 10, 2017
Financial Satisfaction Down Only Slightly in 2016
Since 1997, Roger Stadtmueller has led the Spokane-based CPA firm Stadtmueller & Associates, P.S., as its managing partner. Additionally, Roger Stadtmueller maintains membership with the American Institute of CPAs (AICPA).
According to a recent survey of financial satisfaction conducted by AICPA, Americans saw a minor decline in their financial happiness during the last three months of 2016. Rising inflation levels were mostly attributed to the decrease in satisfaction, though those worries were somewhat countered by cautious optimism about the trajectory of the nation’s economy in 2017.
Market experts share the opinion that the prospect of lower taxes and fewer regulations were responsible for a surge in financial satisfaction at the end of 2016. By year’s end, the market saw a boost with increase share prices and higher trading volumes. During the fourth quarter, the financial sector posted the most gains, with industrials and materials not far behind.
To learn more about the financial satisfaction survey, visit www.aicpa.org/PFSi.
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