NEW YORK, June 6 (TNSrep) -- The Association of International Certified Professional Accountants issued the following news release:

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Business Executives' Optimism About U.S. Economy Sinks as Recession Fears Loom, AICPA and CIMA Survey Finds

* Survey takers with a positive view of the economy fell from 47% last quarter to 27%

* More than half expect U.S. will be in recession by year-end

* Hiring outlook tightens