Joe Brusuelas, chief economist for RSM, joined MMG Editor Kathryn Mulligan to provide an economic update for the middle market, including how the tight labor market, trade tensions and monetary policy will impact midsize companies.
Brusuelas expects the labor shortage will lead to production bottlenecks next year, prompting companies to substitute robotics and automation for human labor, and he outlined why it's essential that middle-market participants closely watch moves from the Federal Reserve.
Additional insight into these topics is available in RSM's latest Real Economy report, available at https://rsmus.com/economics/the-real-economy.
Middle Market Growth Conversations