diff --git a/packages/@react-aria/numberfield/src/useNumberField.ts b/packages/@react-aria/numberfield/src/useNumberField.ts
index 92d7361bf22..df534d10348 100644
--- a/packages/@react-aria/numberfield/src/useNumberField.ts
+++ b/packages/@react-aria/numberfield/src/useNumberField.ts
@@ -85,6 +85,7 @@ export function useNumberField(props: AriaNumberFieldProps, state: NumberFieldSt
     decrement,
     decrementToMin,
     numberValue,
+    inputValue,
     commit
   } = state;
 
@@ -99,6 +100,14 @@ export function useNumberField(props: AriaNumberFieldProps, state: NumberFieldSt
     }
   });
 
+  let numberFormatter = useNumberFormatter(formatOptions);
+  let intlOptions = useMemo(() => numberFormatter.resolvedOptions(), [numberFormatter]);
+
+  // Replace negative textValue formatted using currencySign: 'accounting'
+  // with a textValue that can be announced using a minus sign.
+  let textValueFormatter = useNumberFormatter({...formatOptions, currencySign: undefined});
+  let textValue = useMemo(() => isNaN(numberValue) ? '' : textValueFormatter.format(numberValue), [textValueFormatter, numberValue]);
+
   let {
     spinButtonProps,
     incrementButtonProps: incButtonProps,
@@ -115,7 +124,7 @@ export function useNumberField(props: AriaNumberFieldProps, state: NumberFieldSt
       onDecrement: decrement,
       onDecrementToMin: decrementToMin,
       value: numberValue,
-      textValue: state.inputValue
+      textValue
     }
   );
 
@@ -144,8 +153,6 @@ export function useNumberField(props: AriaNumberFieldProps, state: NumberFieldSt
   // Browsers and operating systems are quite inconsistent about what keys are available, however.
   // We choose between numeric and decimal based on whether we allow negative and fractional numbers,
   // and based on testing on various devices to determine what keys are available in each inputMode.
-  let numberFormatter = useNumberFormatter(formatOptions);
-  let intlOptions = useMemo(() => numberFormatter.resolvedOptions(), [numberFormatter]);
   let hasDecimals = intlOptions.maximumFractionDigits > 0;
   let hasNegative = isNaN(state.minValue) || state.minValue < 0;
   let inputMode: TextInputDOMProps['inputMode'] = 'numeric';
@@ -183,7 +190,7 @@ export function useNumberField(props: AriaNumberFieldProps, state: NumberFieldSt
     isReadOnly,
     isRequired,
     validationState,
-    value: state.inputValue,
+    value: inputValue,
     defaultValue: undefined, // defaultValue already used to populate state.inputValue, unneeded here
     autoComplete: 'off',
     'aria-label': props['aria-label'] || null,
diff --git a/packages/@react-spectrum/numberfield/test/NumberField.test.js b/packages/@react-spectrum/numberfield/test/NumberField.test.js
index d6f7d58c4be..88a564aaae5 100644
--- a/packages/@react-spectrum/numberfield/test/NumberField.test.js
+++ b/packages/@react-spectrum/numberfield/test/NumberField.test.js
@@ -10,7 +10,9 @@
  * governing permissions and limitations under the License.
  */
 
+jest.mock('@react-aria/live-announcer');
 import {act, fireEvent, render, triggerPress, typeText, within} from '@react-spectrum/test-utils';
+import {announce} from '@react-aria/live-announcer';
 import {Button} from '@react-spectrum/button';
 import {chain} from '@react-aria/utils';
 import messages from '../../../@react-aria/numberfield/intl/*';
@@ -46,6 +48,7 @@ describe('NumberField', function () {
     onBlurSpy.mockClear();
     onKeyDownSpy.mockClear();
     onKeyUpSpy.mockClear();
+    announce.mockClear();
     // there's an announcer, make sure to run through it
     // make sure only to run the pending timers, spin button can cause an infinite loop if we run all
     act(() => {jest.runOnlyPendingTimers();});
@@ -183,8 +186,7 @@ describe('NumberField', function () {
     expect(onChangeSpy).toHaveBeenCalledWith(52);
   });
 
-  // TODO: this doesn't work in Node 12 but it does in 13, once we can move to that in circle ci this can be un-skipped
-  it.skip.each`
+  it.each`
     Name
     ${'NumberField'}
   `('$Name switches to numeric for percentages', () => {
@@ -873,12 +875,18 @@ describe('NumberField', function () {
     expect(textField).toHaveAttribute('value', '($9.00)');
     expect(onChangeSpy).toHaveBeenCalledTimes(1);
     expect(onChangeSpy).toHaveBeenCalledWith(-9);
+    expect(announce).toHaveBeenCalledTimes(1);
+    expect(announce).toHaveBeenLastCalledWith('−$9.00', 'assertive');
 
     act(() => {textField.focus();});
     textField.setSelectionRange(2, 3);
     userEvent.type(textField, '{backspace}');
+    expect(announce).toHaveBeenCalledTimes(2);
+    expect(announce).toHaveBeenLastCalledWith('−$.00', 'assertive');
     textField.setSelectionRange(2, 2);
     typeText(textField, '1');
+    expect(announce).toHaveBeenCalledTimes(3);
+    expect(announce).toHaveBeenLastCalledWith('−$1.00', 'assertive');
     textField.setSelectionRange(3, 3);
     typeText(textField, '8');
     expect(textField).toHaveAttribute('value', '($18.00)');
@@ -886,11 +894,15 @@ describe('NumberField', function () {
     expect(textField).toHaveAttribute('value', '($18.00)');
     expect(onChangeSpy).toHaveBeenCalledTimes(2);
     expect(onChangeSpy).toHaveBeenLastCalledWith(-18);
+    expect(announce).toHaveBeenCalledTimes(4);
+    expect(announce).toHaveBeenLastCalledWith('−$18.00', 'assertive');
 
     act(() => {textField.focus();});
     textField.setSelectionRange(7, 8);
     userEvent.type(textField, '{backspace}');
     expect(textField).toHaveAttribute('value', '($18.00');
+    expect(announce).toHaveBeenCalledTimes(5);
+    expect(announce).toHaveBeenLastCalledWith('($18.00', 'assertive');
     act(() => {textField.blur();});
     expect(textField).toHaveAttribute('value', '$18.00');
     expect(onChangeSpy).toHaveBeenCalledTimes(3);
@@ -898,8 +910,13 @@ describe('NumberField', function () {
 
     act(() => {textField.focus();});
     userEvent.clear(textField);
+    expect(announce).toHaveBeenCalledTimes(6);
+    expect(announce).toHaveBeenLastCalledWith('Empty', 'assertive');
     typeText(textField, '($32)');
     expect(textField).toHaveAttribute('value', '($32)');
+    expect(announce).toHaveBeenCalledTimes(11);
+    console.log(announce.mock.calls[4]);
+    expect(announce).toHaveBeenLastCalledWith('−$32', 'assertive');
     act(() => {textField.blur();});
     expect(textField).toHaveAttribute('value', '($32.00)');
     expect(onChangeSpy).toHaveBeenCalledTimes(4);
@@ -915,13 +932,17 @@ describe('NumberField', function () {
     act(() => {textField.focus();});
     userEvent.type(textField, '(10)');
     expect(textField).toHaveAttribute('value', '(10)');
+    expect(announce).toHaveBeenCalledTimes(4);
+    expect(announce).toHaveBeenLastCalledWith('−10', 'assertive');
+    expect(announce).toHaveBeenCalledTimes(4);
+    expect(announce).toHaveBeenLastCalledWith('−10', 'assertive');
     act(() => {textField.blur();});
     expect(textField).toHaveAttribute('value', '(US$10.00)');
     expect(onChangeSpy).toHaveBeenCalledTimes(1);
     expect(onChangeSpy).toHaveBeenLastCalledWith(-10);
   });
 
-  it.each`
+  it.only.each`
     Name
     ${'NumberField'}
   `('$Name can edit a currencySign accounting in a locale that does not use the parenthesis notation', () => {
@@ -936,17 +957,25 @@ describe('NumberField', function () {
     expect(textField).toHaveAttribute('value', '-9,00 $');
     expect(onChangeSpy).toHaveBeenCalledTimes(1);
     expect(onChangeSpy).toHaveBeenCalledWith(-9);
+    expect(announce).toHaveBeenCalledTimes(1);
+    expect(announce).toHaveBeenLastCalledWith('−9,00 $', 'assertive');
 
     act(() => {
       textField.focus();
     });
     textField.setSelectionRange(1, 2);
     userEvent.type(textField, '{backspace}');
+    expect(announce).toHaveBeenCalledTimes(2);
+    expect(announce).toHaveBeenLastCalledWith('−0,00 $', 'assertive');
     textField.setSelectionRange(1, 1);
     typeText(textField, '1');
+    expect(announce).toHaveBeenCalledTimes(3);
+    expect(announce).toHaveBeenLastCalledWith('−1,00 $', 'assertive');
     textField.setSelectionRange(2, 2);
     typeText(textField, '8');
     expect(textField).toHaveAttribute('value', '-18,00 $');
+    expect(announce).toHaveBeenCalledTimes(4);
+    expect(announce).toHaveBeenLastCalledWith('−18,00 $', 'assertive');
     act(() => {
       textField.blur();
     });