Joe Brusuelas
Chief Economist
Areas of focus: Middle Market Economics, The Real Economy, Middle Market Business Index, Market Commentaries
ABOUT JOE
Joe Brusuelas, “chief economist to the middle market,” is the preeminent voice championing issues and policies facing midsize companies in the United States and around the world. An award-winning economist, Brusuelas has more than 20 years’ experience analyzing U.S. monetary policy, labor markets, fiscal policy, international finance, economic indicators and the condition of the U.S. consumer.
A member of the Wall Street Journal’s forecasting panel, Brusuelas regularly briefs members of Congress and other senior officials regarding the impacts of federal policy on the middle market and the factors by which middle market executives make business decisions. He also frequently offers his insights on the U.S., Canadian and global economies in the financial media, including CNBC, Cheddar, NPR’s Marketplace, Yahoo! Finance, Financial Times, The New York Times, Wall Street Journal, Washington Post, Axios and Politico. (Recent broadcast coverage and other media commentary can be found here.)
At the heart of Brusuelas’ work at RSM is the Middle Market Business Index (MMBI), a first-of-its-kind economic index designed to accurately reflect business conditions in “the real economy.” The middle market in the United States consists of roughly 200,000 firms with annual revenues between $10 million and $2 billion, which account for 40% of GDP and one-third of the U.S. labor force.
Before joining RSM in 2014, Brusuelas spent four years as a senior economist at Bloomberg L.P. and the Bloomberg Briefs newsletter group, where he co-founded the award-winning Bloomberg Economic Brief. Earlier in his career, he was a director at Moody's Analytics covering the U.S. and global economies for the Dismal Scientist website. He also served as chief economist at Merk Investments L.L.C. and chief U.S. economist at IDEAglobal.
Brusuelas completed all economy and public policy dissertation requirements for his Ph.D. at the University of Southern California.
Featured insights
The Real Economy
A monthly publication to help the middle market anticipate and address the unique issues and challenges facing their businesses.
RSM US Middle Market Business Index
Gross revenues and net earnings lift middle market economic sentiment, but coronavirus concerns cast uncertainty on outlook.
recent perspectives
RSM US Middle Market Business Index
Gross revenues and net earnings lift middle market economic sentiment, but coronavirus concerns cast uncertainty on outlook.
3 considerations for businesses amid coronavirus supply disruption
RSM’s chief economist identifies three immediate considerations for midsize businesses amid coronavirus supply disruption.
Weary of disruption and change, globalization-lite hits the spot
We explore the evolution of the digital economy and its impact on policies, populism, globalization and growth.
The Real Economy: Volume 63
We explore the digital economy, recession probability, gross domestic product, coronavirus effects and health care digital transformation.
Economics of a global health crisis
Economic markets’ reaction to the coronavirus have been severe, resulting in a significant safe-haven move into U.S. government securities.