2Q Middle Market Indicator Reports 6.7% Employment Growth

For the second quarter of 2018, average revenue growth of middle market companies dipped slightly to 7.4% from 8.4% in Q1 but remains above the historical average of 6.8%. Average employment growth grew to 6.7%, the second-highest rate since the MMI was established in 2012. Confidence in the local, national, and global economies also dropped slightly, but remains high at 90%, 86%, and 75% respectively.