The 20-Year Trend in the Middle Market Indexes

We did do another cut of the middle market index, where we took the same growth criteria, so 5% to 25% revenue growth, but no even a constraint. We wanted to get a better picture of how the even a margin's trended for that growth band of companies without a 10% even a margin floor. So I think we've captured a lot of ups and downs and a lot of changing sentiment about what is a recurring revenue worth versus non-recurring revenue with profitability worth. It's not profitability. That's kind of a new thing. And like we've seen recently, that can maybe get a little ahead of yourself.