Q4 2020 Year-Over-Year Revenue and Employment Growth Remain Negative, But Rates of Decline Slow

U.S. middle market companies—like all companies in the United States and around the world—have felt the brunt of the COVID-19 pandemic. Compared to one year ago, both gross revenues and employment have declined. Expansionary activity has slowed. Economic confidence remains below levels reported over the previous five year. And investment appetites are muted. Yet, many middle market executives believe the worst is behind them. Overall, the middle market expects a return to positive, albeit modest, growth in 2021, driven primarily by business, professional, and technology services organizations.

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Mid-Year 2023 Webinar Recording

Watch the recording to hear the latest data and trends from the National Center for the Middle Market, hosted by Doug Farren, Managing Director of NCMM. You can download a copy of the presentation slides here



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Whether you operate a middle market business, run an organization that serves middle market companies or are otherwise invested in the middle market’s success, the National Center for the Middle Market welcomes and values your contributions. The center offers several ways for organizations to partner with us. Learn more below about the ways you can work with the center and play a vital role in advancing the middle market’s prosperity. 


4Q 2020