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 rising 3.5% in March. Total middle market M&A activity, cross-border transactions and leveraged buyouts increased on a month-over-month basis.