Daily News: April 19, 2012

Mid-Market Companies Weather Downturn, Confident About Future


Middle-market companies in the U.S., while not immune from the economic downturn, have fared well over the past few years, and they are confident about their prospects for the future, according to new research published by BMO Harris Bank and Forbes Insights.

Over 300 senior executives from middle-market companies across the country provided their feedback on challenges and opportunities related to such critical topics as staying on top of the latest technologies, effectively managing revenue growth, and attracting and retaining top tier employees.

“Mid-market business leaders are optimistic, and a clear majority expects revenue growth in 2012 and 2013, in spite of the current lackluster economy,” said Dave Casper, executive vice president and head of Commercial Banking, BMO Harris Bank. “The middle market has largely sidestepped the broader downturn in the economy over the past few years, and they are well positioned for further growth.”

To access the complete research findings, click here.