Leaders in central market business are less optimistic about the U.S. economy than they were at the beginning of this year. Only 32% (about one-third) of central market business leaders have confidence in the national outlook, down from 65% in January. According to the 8% recession from the beginning of the year, it is important that there is now a quarter (25%) of the recession. JPMorgan Chase.
Meanwhile, 55% of business leaders in the survey viewed uncertain economic situation as a major challenge for their companies. JPMorgan said 41% of executives and revenue and sales growth have also received 41% tariffs since then.
Surprisingly, despite the decline in economic optimism, business leaders remain bullish on their own personal business. Matt Sable, co-head of JPMorgan Commercial Banking, said that most or 85% of respondents expect a steady improvement in the company’s performance. More than two-thirds or 78% of people expect revenue and sales to increase or remain unchanged, while 73% of revenue forecast profits to jump or remain stable. 37% plan to increase their staff, while 45% are not expected to change their staff.
“Business leaders are resilient and think about things in the future,” Sable told Sable. wealth By email.
Over the past 15 years, JPMorgan Chase has questioned the challenges and opportunities that central U.S. market owners and leaders have faced in doubt over the challenges and opportunities they face The prospects of business leaders Poll. A spokeswoman said the bank usually asks executives at the end of each year and reports its results in January. Sometimes, it conducts mid-year online surveys. In June, JPMorgan Chase questioned executives from various industries and received 718 responses. JPMorgan defines the intermediate market business as a company with annual revenue of between $20 million and $500 million.
Business leaders are still engaging in caution. Nearly half or 44% of middle-market executives said external factors have caused them to some extent delaying their business plans. Among those who changed plans, 74% blame policy uncertainty, including tariffs, regulations and trade policies. 37% of leaders point to market volatility, while another 37% mention a shift in customer demand.
More than one-third (or 35%) cite geopolitical events. “Leaders are recalibrating when necessary to ensure they can continue to deliver goods to customers and communities, thus emphasizing their resilience and determination,” Sable said in a statement.
