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Middle Market Business Sentiment Report - July 2017

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Each quarter, KeyBank surveys owners and executives of Middle Market businesses((1) — those in the $20 million to $4 billion revenue range — to gain insights into selected topics and find out what they think about their companies in light of leading economic indicators, as well as the current political and business climates. Our focus for this report is on healthcare and the uncertainty over how proposed regulations might impact businesses in the coming months.



See how Bruce McCain, Chief Investment Strategist for Key Private Bank, views the economy.

Healthcare weighs heavily on the minds of businesses and consumers alike

Perhaps nothing is more uncertain right now than the future of healthcare in the United States. Congress is locked in a partisan battle over the repeal and replacement of the Affordable Care Act (ACA), with both sides struggling to articulate the long-term benefits and feasibility of their very different approaches. It’s an issue that, unlikely to be settled any time soon, promises to have a major impact on business owners and executives in the coming months.

At the time of our poll in early June, the Senate had not yet released its version of the new American Health Care Act (AHCA), but respondents had already seen the House version of the bill and had heard much about how the Senate planned to modify it. General polls from the same period, such as the one from USA Today and Suffolk University on June 28, show that only 12 percent of voters approved of the Republican plan.

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KeyBank Commercial Banking is focused on helping middle market businesses get the resources they need to succeed. Our relationship managers and industry experts understand the trends that drive the market, providing insights and advice to make managing a business in a complex and competitive environment easier to navigate. Our experience and expertise bring clarity to the issues that impact middle market business leaders, to help manage today’s challenges while planning for the future. KeyBank is Member FDIC.

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