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.
70% of those surveyed expect revenue to rise over the next six months.
Recession probability appears to be ebbing.
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.