RSM US Middle Market Business Index rebounds strongly in Q4
Inventory building helped boost middle market firms
INSIGHT ARTICLE |
The RSM US Middle Market Business Index rebounded strongly in the fourth quarter, jumping to 120.1 from 115.6 in the prior quarter, an indication that inventory building ahead of the critical holiday shopping season, and an overall improved trade environment, helped boost middle market firms.
RSM US LLP and Nielsen have collected data on middle market firms from quarterly surveys that began in the first quarter of 2015. The survey is conducted four times a year, in the first month of each quarter: January, April, July and October. The survey panel, the Middle Market Leadership Council, consists of 700 middle market executives, and is designed to accurately reflect conditions in the middle market. The data for each quarter are weighted to ensure that they correspond to the U.S. Census Bureau data on the basis of industry representation.
A reading above 100 for the MMBI indicates that the middle market is generally expanding; below 100 indicates that it is generally contracting. The distance from 100 is indicative of the strength of the expansion or contraction.