Business As Usual For Mid Sized Companies
Article Number : 140
Article Detail
  
Date 11/30/2001 3:59:00 PM
Written By LGM & Associates Technical Flooring Services
View this article at: //floorbiz.com/BizResources/NPViewArticle.asp?ArticleID=140
Abstract
Article

Chicago, IL, Nov. 29—Middle market businesses—firms between $50 million and $1 billion in revenues, which account for $2.7 trillion in U.S. revenues and 18 million jobs—believe that good things are ahead in the coming months for their businesses.

In a recent survey by global accounting firm Grant Thornton and Wirthlin Worldwide, senior executives from more than 400 middle market companies said that despite the September 11th terrorist attacks, 74% were optimistic about their business for the next six months, while 87% were optimistic about their business over the next year. 70% said that the terrorist attacks had no significant negative impact to their business, and 84% will hire or keep employment levels the same with no layoffs planned.

"These findings reflect the resilience and optimism of middle market, entrepreneurial companies," said John Desmond, Grant Thornton partner in charge of the Business Owners Council. "Their determination is reflective of America's resolve to not allow terrorism to weaken our economy, nor dim our view of tomorrow and the opportunities that lie ahead."

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