4 signs of middle market prosperity

© 2016 Grant Thornton LLP | All rights reserved

according to the 2016 Q2 Middle Market Indicator

signposts of middle market prosperity


Revenue growth is on the rise

Great news: Middle market companies report average revenue growth of 7.2%, up from 6.3% a year ago.

56% project revenue growth in the coming year, especially large middle market companies (those with $50-$100 million in annual revenue).


Hiring is strong

It’s a great time to expand your workforce. Employment growth is up, with mean year-over-year growth at 4.4% as of Q2 2016, up from 3.6% the two previous quarters, and 3.3% a year ago.

Construction, manufacturing and services sectors show the biggest gains and opportunities.


Companies are eager to invest

But less eager than a year ago. If you had an extra dollar of profit, would you spend it or save it?

More than six in 10 (62%) middle market companies would invest, but, it was 67% a year ago.


Businesses are thinking twice about global markets

Middle market businesses continue to feel very confident in their local economy (79%), but globally, they are much less enthused.

Global confidence levels are at a tepid 50%, down from 58% a year ago. And this was before the Brexit referendum, so odds are it will get worse before it gets better.


Want more insights and details?

Read the Middle Market Indicator

Watch Jim Brady, COO discussing report highlights

https://www.grantthornton.com/issues/library/survey-reports/advisory/2016/middle-market-indicator-q2-report.aspx?utm_medium=social&utm_source=slideshare&utm_campaign=ncmm&utm_term=ADVISORY-business-consulting&utm_content=article

https://www.youtube.com/watch?v=uWtCwTaUlSY

https://www.youtube.com/watch?v=uWtCwTaUlSY


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