Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

Middle Market Business Strengthens in the Second Quarter

8/2/2018

 
The Center for the Middle Market at Ohio State University released their quarterly Middle Market Indicator for the second quarter of 2018. Overall, the report showed decidedly strong improvements across the middle market over the last quarter and year. 
  • Middle-market business conditions saw overall improvement in the second quarter of 2018. Seventy-two percent of companies in the middle market reported performance improvements from one year prior. Leaders in the mid-market also expect a solid third quarter and healthy growth through the next 12 months. This improvement is marked by a 7.4% revenue growth for the trailing twelve months, which is well above the long-term average growth rate of 6.8% as recorded by the Center for the Middle Market. Businesses operating in the wholesale and retail industries report the sharpest declines in the rate of growth while companies in the manufacturing, healthcare, and services industries continue to experience increased growth.

  • Other metrics saw sound improvements in the quarter. Middle market businesses are hiring at a significant clip. Fifty-seven percent of firms in the mid-market say they have larger workforces than one year ago. Overall, headcount in the middle market has grown 6.7% throughout the last twelve months. Construction, retail trade, financial services, and manufacturing businesses have staffed up most notably over the past 12 months. Furthermore, 71% of companies say they are willing to invest an extra dollar as opposed to saving it, an all-time high proportion for the Middle Market Indicator. For the second straight quarter, information technology is the most preferred sector for this investment.
​
  • Middle market confidence is also above average levels for the report. Ninety percent of firms are confident in their local economies, 86% of firms are confident in the national economy, and 75% are confident in the global economy. However, global economic confidence has slipped, falling from 82% a year ago, a result of trade tensions. Going forward, companies do not expect growth to slow down. Middle market businesses are anticipating 6.5% growth in revenues and 4.8% growth in workforce headcounts. Sixty-five percent of companies expect sales to grow in the next year. Business is excellent for most companies in the middle market amid the overall economic boom. However, trade spats with China and Europe and the resulting cost increases are concerning for 10% of middle market leaders. Companies are hoping to cope with these cost increases by selling more products and services, meaning they anticipate the economy will stay strong into the near-term future.

Comments are closed.

    Archives

    May 2022
    January 2022
    November 2021
    August 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter