CIT released its Annual Voice of the Middle Market study highlighting the perspectives of U.S. middle market executives. Key points include:
- Greatest confidence in strength of business, less for national and global economies
- Optimistic outlook for expansion and product development
- Plans for workforce growth over the next 12 months
Middle market executives remain generally optimistic about the strength of their businesses, with at least 80% foreseeing expansion and diversification over the next twelve months. Though a slight majority (55%) believes their local economy is strong, most express near-term apprehension over the state of the national (44%) and global (31%) economies. These are just some of the key findings found in the fifth annual Voice of the Middle MarketTM study released by CIT Group Inc., a leading provider of commercial lending and leasing services.
Read the full press release here.
