live from the thomson reuters user conference
greg lafollette reports new survey data from thomson that shows four in 10 firms suffered revenue declnes last year.
the average accounting firm’s revenues grew 1.2%. but the growth was uneven:
- 40% saw declines of about 5%
- 22% were flat, and
- 38% (the high performing firms) grew by 3.1%.
when “high performing” is defined as a 3% gain, that’s a tough economy.
via the tech gap.