See where middle market companies are increasing or decreasing their spending in this state of the industry snapshot from data captured through the AvidPay Network.
Middle market businesses provide more than just a small snapshot into the larger economic market. These companies represent one-third of private sector GDP and employ approximately 48 million people.
In this state of the industry snapshot, we reveal how middle market companies in our AvidPay Network are increasing or decreasing their spending across various industries.
As the public grapples with the highest inflation numbers since the early 1980s, rising interest rates and a generally grim economic outlook, data shows the middle market has maintained spending habits, rising revenues and growing optimism.
Our spending analysis speaks to the resilient reputation of the middle market. While the larger macro factors impacting the economy dominate business headlines, the middle market is finding ways to sustain growth and deliver for its customers.
Our snapshot of middle market spending trends across several major industries.
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