Midsize businesses are the backbone of the American economy, constituting as high as one-third of US GDP. This blog provides news, insights, and tips about this critical market.
Wednesday, October 16, 2013
The National Center for the Middle Market's Q2 2013 Middle Market Indicator reported that revenue grew in the middle market by nearly 6% in the first half of 2013, and expectations were for revenue from this sector to continue to outpace growth from S&P 500 companies by a significant amount over the second half of the year. Similarly, Vistage's Q2 2013 CEO Confidence Index of CEOs from small- to mid-sized businesses noted a much higher confidence rate (96.7) than the index from Q2 2012 (92.8). Though it's early to discern what -- if any -- effect the government shutdown had on confidence and investment as we move into Q4, signs persist for strong gains in revenue, employment and confidence from midmarket leaders.
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