Middle market trend watch: The impact of tariffs
INSIGHT ARTICLE |
Many middle market businesses are feeling the pinch of ongoing U.S. trade disputes. In this month’s The Real Economy, we examine business sentiment data from our third-quarter RSM US Middle Market Business Index to understand what’s on the minds of executives across industries related to ongoing trade tensions. Note the findings below.
With increased risk due to the trade war, global economic slowdown and volatility in financial markets, middle market leaders should begin assessing their business processes, operations, systems and more. Look especially to stress test the following areas:
- Licenses and regulations
- Productivity and efficiency
- Supply chain
- Macro risks
- Banking and cash management
- Talent needs
- Budgetary and costs
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