Executives: Romney and Obama Need To Pay More Attention to Middle Market
Oct 4, 2012
 Print this page

Most middle market executives in the United States think the 2012 presidential candidates should pay more attention to their segment of the market, according to a new CIT Group report.

The report includes many positive signs, with 53% of middle market executives say their companies are stronger today than before the Great Recession. In the coming year most intend to increase their product lines (65%), expand into new markets (58%), and enter new regions (53%). Four in 10 - 42% - plan new hiring in the coming year.

But most of these executives - 81% - say the outcome of the presidential election will have an impact on the health of the economy, with 38% saying it will have a major impact.

And most of these executives - 71% - say Governor Romney and President Obama spend too little time talking about the middle market.

CIT Group Inc. is a provider of financing to small businesses and middle market companies.

The online survey was conducted by KRC Research among 300 U.S. middle market executives in a range of industries, in firms whose revenue was between $25 million and $1 billion.

Back to Breaking News