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Middle market companies remain optimistic

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Middle market companies remain optimistic

Just-released survey indicates a bullish outlook by midmarket executives.

The National Center for the Middle Market at Ohio State University's Fisher College of Business, in collaboration with GE Capital, released its Q2 2014 National Middle Market Indicator report today, and the results are encouraging.

Highlights of the report include:

  • The middle market doesn’t appear to have felt the impact of the GDP drop. On the contrary, they reported 6.6% revenue growth over the past 12 months, which was nearly double that of the S&P 500 (at 3.4%).
  • They are optimistic about their future growth prospects. Mid-market executives’ confidence in the U.S. economy reached an all-time high at 68%, suggesting there’s more room for the nation to grow.
  • The middle market added an estimated 750,000 jobs to U.S. payrolls so far in 2014. If they deliver on projected job growth, the sector will create 59% of all new jobs in 2014.

 

Below, Executive Director Thomas A. Stewart discusses the results of the report. 

 

See our three-part interview with Stewart about the nature and prospects for the middle market here.

To download the full report, click here.

 

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