February 2022 Middle Market Monitor
Economic indicators were mixed in January as the U.S. continued to struggle with the Omicron variant of the COVID-19 virus. The Consumer Price Index increased, and the Consumer Confidence Index decreased, while the unemployment remained steady over the month. The public markets saw a loss with the S&P 500 declining 5.2% during January. Total middle market M&A activity, along with cross-border transactions and leveraged buyouts, decrease on a month-over-month basis.