The Real Economy

The Real Economy: June 2022

How the middle market is dealing with the war in Ukraine and China’s economic shutdown

In this month’s issue of The Real Economy, we look at the war in Ukraine, the renewed economic shutdowns in China, and how those twin shocks affect America’s real economy and middle market businesses. The dual threats mean that rising prices and supply chain disruptions are here to stay, at least for the time being.

Also, our U.S. economist, Tuan Nguyen, examines the persistent labor shortages that hamper middle market businesses and why excess labor demand is unhealthy for the economy.

Finally, RSM analyst Matt Dollard looks at the economic shutdowns imposed in China to contain a new wave of the coronavirus, and the impact that it will have on the American economy. In short: get ready for a new round of supply chain disruptions.

June features

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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.