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How Middle Market Companies Form The Backbone Of Any Economy

How Middle Market Companies Form The Backbone Of Any Economy

Submitted by • July 5, 2018 www.attractcapital.com

A middle market firm is defined as a company that has revenues generally between $50 million and $1 billion. Middle market companies create about 40 percent of Gross Domestic Product and employ about 40 percent of America’s workforce. The 200,000 plus US-based mid-market companies are essential to America’s success. These companies account for around $10 trillion annually and 30 million jobs, according to the NASDAQ. Due to its large share of the market, it is often referred to as the backbone of the economy and a lifeline to economic recovery.

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