"Leaders of middle market businesses show less optimism for the U.S. economy, with only 32% confident in the outlook compared to 65% in January."
"Despite economic uncertainties, 85% of business leaders expect steady or increased performance, with 78% anticipating revenue growth."
Middle market business leaders' confidence in the U.S. economy has sharply declined, with only 32% expressing optimism, down from 65% at the year's start. A significant portion, 25%, anticipate a recession, an increase from 8%. Although concerns about economic conditions and tariffs are prevalent, 85% still expect steady or improved business performance. This shows resilience among leaders who focus on long-term goals despite uncertainties. The survey conducted by JPMorgan considers various challenges but highlights ongoing growth expectations.
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