8/14/2020 | New Jersey Business
It’s Good to be in the Middle
According to The National Center for the Middle Market, the COVID-19 pandemic has negatively affected this market, but there are signs of improvement.
The organization’s “COVID-19 and the Middle Market” survey of 1,000 middle market financial decision makers taken between June 1 and June 12, reveals that only 2% of respondents expect revenues to grow over the next 12 months, vs. 4.9% at the end of 4Q 2019. However, the 2% is better than a 1Q 2020 survey in which 78% of respondents said revenue growth will decline over 12 months.
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