Connecting middle-market business leaders to the regional economic development agenda and national trends.
Business Resources for Middle-Market Companies
The National Center for the Middle Market, a partnership of The Ohio State University Fisher College of Business, SunTrust Banks, Inc., Grant Thornton LLP and Cisco Systems, provides knowledge, leadership, and innovative research on the U.S. middle market.
It is fully committed to funding and distributing the most credible open-sourced research, dynamically creating new knowledge, providing programs that drive value for middle market companies, and offering a well-informed outlook on the health and future of the middle market via the Middle Market Indicator.
The Middle-Market Knowledge Center is a great starting point to learn more about products and services that support this dynamic segment of the economy.
Middle-Market Knowledge Center
Ohio's middle market forecasting strong revenue, employment growth
Ohio’s middle-market companies are continuing to forecast a higher rate of revenue growth over the next 12 months than their counterparts across the U.S.
The middle-market revenue growth predictions are 11.8 percent in Ohio, almost twice that of survey respondents (5.3 percent) from around the country.
There is less discrepancy in employment growth predictions where Ohio companies are expecting a 5.2 percent increase while the national average rate of growth is projected at 4.7 percent.
Confidence and Concerns
Fewer Ohio respondents expressed confidence in the national economy than the national average (66 percent compared to 84 percent).
Yet, they are more confident than the U.S. average in the global economy (82 percent compared to 70 percent) and their local economies (89 percent and 87 percent).
Concerns by middle-market executives continue to focus on talent: “Finding enough of the right people to support growth is becoming more and more of a challenge.”
Other “headwinds to growth" include government regulations, changing market conditions, and increasing costs.
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Want to know more about the middle market? Visit our online repository for information on regional and national data, research and trends. Click below for other resources.
Highlights from the 2017 Greater Cleveland Middle-Market Forum
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