RSM's Deputy Chief Economist on Declining Confidence in Q3 and What's Ahead
Kevin Depew, RSM's deputy chief economist and industry eminence program leader, spoke with Middle Market Growth about RSM's Q3 U.S. Middle Market Business Index. The index, which slipped to 129.4 from 132.3 in the third quarter, reflected a decline in confidence among middle-market executives from the previous period. Depew notes that although any reading above 100 indicates confidence among business leaders, the latest survey was conducted prior to recent escalations in the trade war with China and so does not reflect uncertainty associated with those developments. With a global slowdown in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.