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RSM US Middle Market Business Index Rises, CAPEX to Continue - News

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (RSM) in partnership with the U.S. Chamber of Commerce, increased to 132.9 in the fourth quarter from 129.6 in the previous quarter on a seasonally adjusted basis. The MMBI survey results reflect the strong 4.9 percent pace of growth and 4.7 percent increase in productivity in. ....

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US Middle Market Business Index Moves Up as Firms Continue Productivity-boosting Investments

Chicago The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, increased to 132.9 in the fourth quarter from 129.6 in the previous quarter on a seasonally adjusted basis. The MMBI survey results reflect the strong 4.9% pace of growth and 4.7% increase in productivity in the third quarter, underscoring the health of the U.S. middle market and an overall economy that is expected to grow at or above the long-term trend of 1.8% next year.“The major takeaway from the fourth quarter survey is that middle market firms expect to continue making productivity-enhancing capital investments to bolster output,” said Joe Brusuelas, chief economist with RSM US LLP. “We anticipate improved corporate earnings ahead as pricing pressures ease and the past outlays on software, equipment and intellectual property boost overall economic activity at a reduced cost. While sentiment on the economy remains somewhat sour, it i ....

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