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Q1 2023 Middle Market Business Index (MMBI)

Middle market business conditions remain solid heading into the middle of the year as firms continue to adapt, improvise and overcome challenges.

Key findings:

  • 57% of executives are expecting an increase in both gross revenues and net earnings through the middle of the year.
  • 53% said they had bolstered their stock of goods, which, given the drawing down of excess savings by households, demands close monitoring.

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