Tom Stewart, Executive Director of the National Center for the Middle Market at the Ohio State University, Returns

<p><span style="font-weight: 400;">Patricia O’Connell interviews Tom Stewart, Executive Director of the National Center for the Middle Market on their latest survey of middle-market businesses during the COVID-19 pandemic. Tom describes the work of the National Center for the Middle Market and then explains how the middle market has changed between the March survey and the June survey. Tom suggests what the recovery will look like and that we should expect a ‘new different,’ not a ‘new normal.’</span><span style= "font-weight: 400;"><br /></span><span style= "font-weight: 400;"><br /></span><span style= "font-weight: 400;">Listen in to understand what middle-market businesses are experiencing now.</span><span style= "font-weight: 400;"><br /> <br /></span></p> <h1><span style="font-size: 18pt;"><strong>Key Takeaways:</strong></span></h1> <p><span style="font-weight: 400;">[:34] Patricia O’Connell introduces Tom Stewart and asks him about the work of the National Center for the Middle Market.</span></p> <p><span style="font-weight: 400;">[1:10] The National Center for the Middle Market is a research group at the Fisher College of Business at Ohio State University and is the nation’s only academic research center focused on mid-sized companies with annual revenue between 10 million and a billion dollars a year.</span></p> <p><span style="font-weight: 400;">[1:34] That group is the middle third of the U.S. GDP. It’s a couple hundred thousand companies, and as the Center has documented over the years, actually the most dynamic part of the U.S. economy in terms of growth, as measured by the middle market indicator, a repeated survey of 1,000 middle-market companies.</span></p> <p><span style="font-weight: 400;">[2:20] Middle-market companies are one-third of the private sector and produce 60 percent of new jobs, much faster than small or large businesses. The middle market is more resilient than small businesses.</span></p> <p><span style="font-weight: 400;">[3:26] The Center took a survey of 600 companies during the