Q2 2012 Middle Market Indicator Finds Steady Yet Slowing Growth for Middle Market Companies amid Pessimism about Global and U.S. Economies

Publication: Yahoo! Finance
Published Date: 7/24/2012

The National Center for the Middle Market (NCMM) today announced that year-over-year revenue growth for the middle market has slowed from 6.9% to 6.1% according to findings unveiled today in the Q2 Middle Market Indicator (MMI), a quarterly look at the health and outlook of middle market companies in the United States. With companies in the middle market ($10M to $1B in revenues) accounting of over a third of private employment and 41% of GDP, they are a major indicator of the health of the US economy.

Q2 Highlights:

• The middle market continues to lose confidence in the global and U.S. economies
• Future investment to remain limited; businesses continue to hold cash in the face of uncertainty
• Revenue growth seen but slowing
• Employment growth is stable and projected to hold into next year
• Challenges to middle market business performance persist