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Middle-Market Knowledge Center

U.S. middle market carries strong momentum into 2017;
Ohio predicting strong revenue growth

The U.S. middle market closed 2016 on a high note and has carried that momentum into 2017, with all indicators pointing to an increasingly robust performance.

Actual and projected revenue and employment growth rates continue to rise significantly, and economic confidence is keeping pace, with all measures at their highest levels since the inception of the National Center for the Middle Market's Middle-Market Indicator in 2011.

Meanwhile, Ohio’s middle-market companies are expecting their revenue to grow over the next 12 months at a higher level than their counterparts across the U.S. (9.5 percent compared to 8.8 percent).

Ohio middle-market executives who participated in the survey also are more confident in their local economies when compared to their peers nationwide with 89 percent expressing confidence compared to 88 percent nationally.

That optimism also carries over to the national and global economies. For the national economy, 97 percent of Ohio respondents expressed confidence compared to 90 percent nationally. Likewise, for the global economy, the confidence rate was 84 percent (Ohio) and 77 percent (nationwide).

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  • Highlights from the 2016 Greater Cleveland Middle-Market Forum

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