February 2019 Middle Market Monitor

Economic indicators released in February show mixed results.  While the labor market continues to post job gains and new lows in unemployment, February’s numbers showed that growth may be slowing. Similar slowing growth trends were apparent in home prices and broad consumer prices. The lack of inflation pressure has given the Federal Reserve more flexibility in monetary policy, and public markets were encouraged by signs that the pace of rate hikes would slow. M&A volumes moderated in February, coming off a multi-year peak in January.  Download the February report.