Growth Slows; Short-Term Expectations Decline
Thought Leadership, SMB
Source: National Center for the Middle Market
In the fourth quarter of 2018, middle market companies report a strong annualized revenue growth rate of 7.9%. At 5.4%, year-over-year employment growth remains steady and is similar to the close of 2017 and 2016. While confidence in Global, U.S., and local economies is down slightly, all three metrics remain above the historical average reported by the MMI over the past seven years.