A new biannual survey shows some perceptions of the economy are improving.

The Center for Audit Quality's fall 2022 Audit Partner Pulse Survey found almost 60% of audit partners expressed pessimism for the U.S. economy. However, the group's more recent fall 2023 survey showed overall pessimism dropped to 27%.

Julie Bell Lindsay, CEO of the center, explained audit partners are present in all public companies in the country. They are responsible for understanding risks and pressures affecting businesses and the industries they operate in.

"Certainly the economic outlook is stronger than a year ago," Lindsay noted. "But auditors still see the potential for inflation, while it is falling, to have a significant impact on business operations over the course of the next year."

Lindsay added almost 70% of auditors see what she calls "inflationary effects" hitting business for longer than 12 months. She asserted businesses are being heavily affected by the country's current regulatory environment, with a majority saying the effects have been negative, citing additional costs associated with compliance with new rules.

Lindsay acknowledged despite the various challenges plaguing the business community from cybersecurity to learning how to better handle artificial intelligence, the country finds itself in what she terms a "relatively strong position."

"The U.S. continues to have, I would say, the most liquid and strong capital markets in the world," Lindsay contended. "We are not without our challenges, but we seem to be coming out of the pandemic and an inflationary cycle in a fairly strong position."

According to the survey, companies' top three priorities are cost management, financial performance and overall growth. Lindsay noted while artificial intelligence was lower on the list of companies' priorities, it is high on their list of challenges because of data quality concerns and data security risks.

Lindsay added companies across the country are also experiencing a shortage of accounting and auditing professionals.

"It is not just getting talent into the companies," Lindsay stressed. "When you have less talent, that means the existing talent has to take on additional responsibilities and that can hurt retention."

While half of companies are focused on upskilling, the survey found one in three is working to increase compensation and workplace flexibility for current employees.


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November is Military Family Appreciation Month. Service members and spouses alike can face challenges entering into the workforce once they leave the military.

Progress is being made slowly, but experts said more needs to be done. About 200,000 service members a year transition from active-duty to civilian life and many experience rescinded offers, underemployment or inadequate preparation for their transition.

Jonathan Pride, vice president of field operations for NPower, an organization providing skills training to veterans and their families, said uncertainty is one of their biggest challenges in the transition.

"A lot of the time, it's the only job they've ever had and so, they don't know how their skills will translate on the other side with corporations and partners and employers," Pride explained. "Trying to translate their skills and their experiences into a resume, I think, is one of the hardest things."

The National Veterans' Training Institute found veteran unemployment dropped by more than 3% in 2023 but Pride pointed out veterans also run into what he calls the "paper ceiling," a barrier keeping workers without college degrees from getting higher-wage jobs.

Given the frequency of moves, service members often do not finish their schooling in one place. Price observed many times, they leave the military with some college, or maybe a couple classes away from a degree.

"When an employer has a paper ceiling in place, where the minimum expectation is a college degree, sometimes that disqualifies many qualified veterans and veteran spouses who could do very well in these roles," Pride noted. "But because they don't have a college degree, they're barred from entry into that employer."

Pride stressed NPower looks past the degree requirements to work directly with employers to place veterans in apprenticeships, so they can learn on the job, pursue an education and earn a paycheck.

Normally, troops go through a Transition Assistance Program. Now, the Employment Navigator and Partnership Program provides one-on-one coaching to military members and their spouses.

James Rodriguez, assistant Secretary of Labor for Veterans Employment and Training Services, said he hopes to expand the program as it leaves the pilot phase.

"We're going to look to build that out even more in the future, so we can hope to do the same type of support for every service member in the future, which would be ideal," Rodriguez emphasized. "However, it does take a lot more work and a lot more resources to make sure that this program can be successful in the future."

As of August, the Employment Navigator and Partnership Program has helped more than 18,000 veterans and family members.


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If state and local governments want healthier populations, new findings suggest they should be more aggressive in tackling income inequality. A Nebraska organization feels that approach is on point.

A new study from Johns Hopkins University looked at obesity levels in more than 3,000 counties across the country. The places with minimum wages of at least $9 an hour had greater success in reducing obesity rates.

Christine Cary, who helps address economic justice with the group Stand In for Nebraska, said other data routinely show that healthier foods tend to cost more, so the connection made in this new research is pretty clear.

"Raising the minimum wage is obviously a way to increase access to healthier food," she said. "You just have more money to spend on it."

In 2022, Nebraska voters approved a gradual increase in the state's minimum wage, which is set to reach $15 an hour in 2026. At the same time, the state doesn't fare well in obesity rankings.

Cary said she sees a chance for numbers to improve as wages go up, but noted that not all communities have stores that sell healthy foods, potentially hindering that progress.

The study's authors also called for "place-based" interventions, such as urban farming initiatives and subsidies for healthy food retailers to go along with higher wages. Cary said that's an important step in tackling this issue.

"It's pretty well known among geographers that we shop at the closest place," she said, "meaning don't expect people who are already low income to seek these things out."

She said creating more awareness and options in underserved communities can help maximize the impact of higher wages from a public health standpoint. Cary said that's especially important in a rural state such as Nebraska, which has seen its food retail and health facility options disappear in smaller towns and cities.


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The latest "Speak Up MO" report reveals the economic struggles facing Missourians, adding to earlier findings about community concerns and the challenge of accessing affordable health care.

Although 59% feel financially comfortable, many say they can't save. Around one in four people couldn't afford food at least once in the past year, and nearly 10% faced possible eviction.

This hardship hits people of color, those with disabilities, and households earning under $50,000 per year the hardest.

Sheldon Weisgrau, vice president of health policy and advocacy at from the Missouri Foundation of Health, highlighted the report's overall message.

"What's really interesting, especially in the wake of the election we just had, in that folks are satisfied with where they are," said Weisgrau, "but have a feeling that things are heading in the wrong direction and that their neighbors are not doing so well."

Although the report identified the cost of living as the state's biggest challenge, it found Missourians remain moderately optimistic about their local economy.

Another key part of the report asked people whether the problem was having enough jobs overall, or having enough well-paying jobs.

Weisgrau noted most respondents pointed to the lack of well-paying jobs as the bigger problem.

"We saw that reflected in Missouri in the vote on Proposition A," said Weisgrau, "which voted to raise the minimum wage and mandate some paid sick leave for workers."

The report also highlights how financial insecurity seriously impacts the mental and physical well-being of Missourians, with one participant mentioning financial security reduces stress and frustration.