Ohio’s Middle Market Businesses Grow Revenue and Create Jobs Faster Than National Peers
National Center for the Middle Market partners with Ohio Chamber of Commerce to conduct in-depth study on mid-sized companies statewide
Nearly two-thirds (64 percent) of the Buckeye State’s 5,000 middle-market businesses say overall company performance improved in the past year. In fact, 73 percent of C-suite executives say revenue growth increased over the past 12 months at an average rate of 6.8 percent, and 74 percent added employees during the same timeframe at an average rate of 6.3 percent. By comparison, revenue growth is consistent with national middle market trends (6.6 percent), while employment growth is nearly double (3.2 percent).
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