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Mid-Market Firms Are Optimistic About 2Q14 Growth

2Q14 marked the second consecutive quarter of solid revenue growth vs. a year ago for U.S. middle market firms, according to the National Center for the Middle Market, and chief executives are pleased.

Company leaders continued to express higher levels of confidence in the global, U.S., and local economies, while investment patterns have remained relatively stable in each industry.

In addition, while the proportion of middle market firms experiencing revenue growth consistently outpaces the proportion that added workers in the past year, middle market firms have maintained the significant increase in hiring reported in the first quarter of 2014. For Q2 2014, more than 40% of firms report increased employment compared to one year ago.

Healthcare costs still remain a top challenge. Just 35% of leaders listed regulatory concerns as highly challenging this quarter, versus a yearly high of 47% in Q3 2013.

Read more: National Center for the Middle Market

 

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