Mirus Capital AdvisorsMirus Capital Advisors

September 2022 Middle Market Monitor

Economic indicators continued to send mixed signals in August. The unemployment rate increased slightly and home prices continued to show deceleration, while inflation data remains stubbornly high. Consumer confidence increased slightly but remains at a low level, suggesting concerns about an economic recession. Considering the recent CPI data showing elevated inflation, the Federal Open Market Committee may raise interest rates again during their meeting in late September.