The most forward-looking indicators for January point to rapid reflation with the return of constructive income and net profits as the economy reopens, following mass vaccinations
CHICAGO, March 2, 2021 / PRNewswire / – The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the US Chamber of Commerce, increased slightly in January 2021, from 121 to 124 December 2020, indicating that while the US economy continues to experience pandemic-induced challenges, businesses are optimistic about future economic activity in 2021. This is the index’s best reading since October 2020 , although it is still 7% below its pre-pandemic level. The index is part of the MMBI for the first quarter.
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“Although the concerns around…
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- Headline: RSM Index of US Mid-Market Firms Improves as Post-Pandemic Optimism Improves Outlook
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