Recently a colleague of mine sent me a link to a study recently published by Deloitte. She thought I might find it of interest because it was based on a survey earlier this year of middle-market business owners. Given that this publication is dedicated to developing a dialogue with this group, I certainly was interested.
In February of 2011, Deloitte in conjunction with the Economist Intelligence Unit (EIU) conducted a survey of over 500 private and public middle-market companies in the U.S. The survey was quite comprehensive covering a wide range of topics, including questions about pre- and post-recession metrics, growth plans, and the general outlook regarding the future of the companies and the . The findings were quite compelling.
Many of you are aware of just how vital the U.S. [Read more…]is to the engine of our economy. According to the EIU, the middle market generates $6.1 trillion in revenue (this survey included companies with revenues from $50 million to $1 billion), which is about 40% of the entire U.S. GDP. In addition, this group employs 24.6 million . So the middle market is possibly the most important component of our economic health.