Mirus Capital AdvisorsMirus Capital Advisors

December 2022 Middle Market Monitor

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 month, indicating that consumers’ expectations for the economy remain gloomy. Inflation decelerated with a smaller than expected increase in prices in November.