Anil Makhija Discusses 2Q 2013 Middle Market Indicator Report
Academic Director, Anil Makhija discusses the latest findings of the 2Q 2013 Middle Market Indicator. He takes a look at how the middle market serves as a critical engine for the U.S. economy, accounting for approximately one-third of non-government GDP and more than one-of-three domestic jobs. Middle market revenue increases of 5.8% for the first half of 2013, and expectations for increases greater than 5% for the next 12 months, far outpace the 1.2% revenue growth estimate for the S&P 500 Stock Index. However, challenges still persist for the middle market.