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News & Views : Betsy Richards

April 2024 Middle Market Monitor

The U.S. economy showed signs of stability in March. The unemployment rate remained steady and job growth was strong, particularly in healthcare, government, and construction. While consumer confidence about the future dipped slightly, inflation remained under control and public markets continued their upward trend. The global M&A...

March 2024 Middle Market Monitor

The U.S. economy delivered mixed signals in February, with some indicators down and others showing signs of improvement. The Consumer Price Index increased and the Consumer Confidence Index declined, while the unemployment rate rose slightly over the month. The public markets saw a gain with the S&P...

February 2024 Middle Market Monitor

Persistent inflation and interest rate and economic uncertainty combined with ongoing geopolitical tensions to have a chilling effect on M&A deal volume last year. But that negative market outlook is quickly being replaced by multiple predictions of slow, but improving, growth in 2024, including a possible M&A...

January 2024 Middle Market Monitor

With U.S. GDP increasing at an annual rate of 3.3%, and market uncertainty being replaced by predictions of slow, but improving, growth, signs point to a possible M&A resurgence in 2024. Mirus is pleased to share our thoughts on recent market activity in the January 2024 Middle...

December 2023 Middle Market Monitor

Mirus is pleased to share our thoughts on recent market activity. After three consecutive months of decline, the S&P 500 rose 8.9% in November, marking one of its best monthly performances in history amidst signs that inflation is cooling. The Consumer Price Index was essentially flat, the...

November 2023 Middle Market Monitor

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...

October 2023 Middle Market Monitor

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...

September 2023 Middle Market Monitor

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...

July 2023 Middle Market Monitor

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...

June 2023 Middle Market Monitor

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...

April 2023 Middle Market Monitor

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...

March 2023 Middle Market Monitor

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...

February 2023 Middle Market Monitor

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...

January 2023 Middle Market Monitor

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.

November 2022 Middle Market Monitor

Economic indicators continued to show a shifting economic picture in October. The unemployment rate increased by 3.7 percent, indicating a volatile labor market. The national median list price for homes weakened for the ninth month in a row as mortgage rates increased to 6.9%. Likely due to...

October 2022 Middle Market Monitor

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...