June 2019 Middle Market Monitor
June economic indicators portray a slowly, but steadily growing US economy that marks the 10th consecutive year of economic expansion. The labor markets remain strong, as the nonfarm payrolls rose above market expectations in June, while the unemployment rate continues to hover near 50-year lows. At the same time, faced with growing geopolitical tensions, markets are anticipating the Fed to cut interest rates in late July, and US-China trade negotiations will resume after a previous standstill. Download the June report.