According to the first Sage Mid-Market Business Index survey, American business confidence in the mid-market is the fifth highest in the world.
The survey was conducted among 178 participants in the U.S. and is a part of the global Sage Business Index. Sage surveyed over 1,800 medium-sized businesses (defined as 100 or more employees) in 17 countries. It’s findings confirm many of the same conclusions voiced by supply chain managers in recent weeks.
The first mid-market business index also found that American mid-market businesses are optimistic about their country’s economy, with that index coming in at 61.99. American mid-market businesses have less confidence in the global economy, with that result coming in at 55.03. All indexes are scored on a scale with zero as negative, 50 as neutral and 100 as positive.
Sage executives note that the Index shows again the strength of the mid-market and the potential for growth both domestically and globally.
Given the fragile state of the domestic economy, the mid-market indeed looks like a bright spot.
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