Mirus is pleased to share our thoughts on recent market activity. Economic indicators were mixed in October as the U.S. economy continued to deal with inflation, recession fears, high interest rates, and geopolitical tensions. The Consumer Price Index remained flat showing that the Federal Reserve’s actions are...
An in-depth look at the Facility Services sector for Q3, 2023. Mirus' partners use their expertise and experience to take a closer look at industry news, transactions, and state of the industry in our quarterly industry report.
Employment remained strong in September with 336,000 jobs added, leading to speculation about future rate increases from the Federal Reserve. The Consumer Price Index stayed persistently high at 3.7% while core CPI inflation moderated 0.2 percentage points to 4.1% - its slowest pace since September 2021. The...
An in-depth look at the BPO sector for Q2, 2023. Mirus' partners use their expertise and experience to take a closer look at industry news, transactions, and state of the industry in our quarterly industry report.
Economic indicators were mixed in August as the economy continued to deal with high inflation. Further, data related to the labor market, interest rates, and the health of the consumer are top of mind for the Federal Reserve. All in all, the possibility of a soft landing...
The recurring topic regarding the economic health of the U.S. revolves around the decision of the Fed with regards to interest rates. After raising the federal funds rate to 5-5.25% from near zero levels during the pandemic, the Fed has been trying to combat decades-high inflation in...
Economic indicators showed resilience in May, despite a rise in the unemployment rate, and the Consumer Confidence Index declining slightly. Over the course of the month, the Consumer Price Index rose by 0.1% on a seasonally adjusted basis. The public markets came back strong at the end...
An in-depth look at the HR & Employment Services sector for Q1, 2023. Mirus' partners use their expertise and experience to take a closer look at industry news, transactions, and state of the industry in our quarterly industry report.
Economic indicators showed promise in March, as the unemployment rate remained low, and the Consumer Confidence Index rose slightly. Over the course of the month, the Consumer Price Index rose by 0.1% on a seasonally adjusted basis. The public markets saw a gain with the S&P 500...
An in-depth look at the Research & Consulting Services sector for Q4, 2022. Mirus' partners use their expertise and experience to take a closer look at industry news, transactions, and state of the industry in our quarterly industry report.
Economic indicators were down in February as the U.S. economy continues to deal with high inflation, recession fears, rising interest rates, and geopolitical tensions. The Consumer Price Index increased, and the Consumer Confidence Index declined, while the unemployment rate rose over the month. The public markets saw...
Economic indicators were mixed in January as the market continues to deal with high inflation, rising interest rates, the Russia-Ukraine war, and China’s economic reopening. The Consumer Price Index has continued to decelerate since its peak annual growth at 9.1% in June 2022. The Consumer Confidence Index...
Despite ongoing concerns related to both the outlook of the economy and a potential recession, economic indicators showed continued improvement in December 2022, with unemployment dropping to 3.5% and consumer confidence continuing to grow stronger. Public markets and M&A cooled off at the end of the year.
Economic indicators sent several positive signals in November, but the overall economic environment remained challenging. The unemployment rate remained unchanged, leading some experts to suggest that the Fed’s rate hikes are less likely to cause a recession than previously expected. Meanwhile, consumer confidence decreased for the second...
Economic indicators continued to send mixed signals in September. The unemployment rate fell to 3.5%, a 29-month low, indicating a tight labor market. The national median list price for homes declined, as mortgage rates increased to over 6% for the first time since 2008. Likely due to...
Economic indicators continued to send mixed signals in August. The unemployment rate increased slightly and home prices continued to show deceleration, while inflation data remains stubbornly high. Consumer confidence increased slightly but remains at a low level, suggesting concerns about an economic recession. Considering the recent CPI...
