OMA Connections Partner, RSM US LLP, recently released its first U.S. Middle Market Business Index (MMBI). Developed in partnership with Moody’s Analytics, the MMBI is designed to accurately reflect business conditions in the U.S. middle market, while providing a statistically significant measure of the health and outlook for these businesses.
The inaugural edition of the index puts U.S. middle market business conditions at 116.6 in the first quarter of 2016, a 1.4 percent uptick from the fourth quarter of 2015. Going forward, the MMBI is intended to serve as a leading indicator for the middle market, what RSM calls the real economy. RSM says this segment of the U.S. economy represents more than 200,000 firms, 40 million jobs and one-third of private sector gross receipts.
The index is based on surveys of RSM’s Middle Market Leadership Council, a panel of 700 middle market executives managed by Nielsen, conducted in the first month of each quarter. Read more.