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TREND WATCH
Q3 2023 Middle Market Business Index
The U.S. economy looks to be expanding in line with its long-term trend of 1.8% in the third quarter amid stabilizing prices, solid demand and a robust jobs market that presents a challenge to firms looking to grow. The RSM US Middle Market Business Index remained essentially unchanged, inching down to 129.3 in the current quarter from 131.1 in the prior period.
Middle market economic sentiment remains elevated...
70% of those surveyed expect revenue to rise over the next six months.
...as companies adjust to higher pricing levels.
Recession probability appears to be ebbing.
The Real Economy Blog
The Real Economy Blog was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including The Real Economy monthly publication and the proprietary RSM US Middle Market Business Index (MMBI).
The voice of the middle market
Middle market organizations, which make up the “real economy,” are too big to be small and too small to be big. They have distinct challenges and opportunities around resources, labor, technology, innovation, regulation and more.
