The Q2 2024 RSM US Middle Market Business Index (MMBI) rose to 132.0 in Q2 from 130.7 in the prior quarter on a seasonally adjusted basis. This reflects a sustained business expansion characterized by historically low unemployment, strong household consumption and robust business revenues. The Middle Market Business Index is created in partnership with the U.S. Chamber of Commerce.
A sustained business expansion characterized by historically low unemployment, strong household consumption and robust business revenues continued to provide a tailwind for the American real economy in the second quarter.
Key findings include:
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