1/27/2021 | Press Release
Latest Middle Market Indicator Reveals a Market Poised for Recovery
Almost a year into the COVID-19 pandemic, parts of the U.S. economy are doing well while others continue to struggle. The middle market is no different, but signs point toward cautious optimism for the year ahead.
Data from the 4Q 2020 Middle Market Indicator (MMI) released today by the National Center for the Middle Market (NCMM) reveals that the year-over-year growth fell to -1.2%, down from the 7.5% positive growth rate reported in 4Q 2019. At the same time, the S&P 500 reports -5.5% revenue growth.
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