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Insights

Middle Market Indicator: Year-End 2023 Report

Chubb and The National Center for the Middle Market surveyed 1,000 executives of middle market companies for the semi-annual Middle Market Indicator report.

Overview

Insights to help middle market companies and their insurance partners understand business trends and evolving risks.

The National Center for the Middle Market is a collaboration between The Ohio State University Fisher College of Business, Chubb and Visa. It exists for a single purpose: to ensure that the vitality and robustness of middle market companies are fully realized as fundamental to our nation's economic outlook and prosperity.

In addition to the summary report, spotlight reports will be available on specific industries.

Latest Findings
Latest Findings

Middle Market companies reported double digit revenue growth last year, but look to 2024 with cautious optimism

According to year-end survey results, middle market companies reported an unprecedented level of revenue growth, but anticipate slowing expansion ahead. Inflation, recession and talent shortage/employee retention were seen as top emerging risks.

8.1%
mean revenue growth expected in the next year
73%
expressed confidence in the U.S. economy
72%
will consider increasing insurance coverage due to inflation
Press Release

News Release | 2024 Outlook: Middle Market Companies Set Economic Growth Records, Yet Remain Cautiously Optimistic Amid Emerging Risks

New Chubb and National Center of Middle Market Survey reveals inflation remains the number one risk, and rising concerns over cybersecurity, catastrophic/climate events and insurance coverage gaps.

To gain access to the insights, please complete this brief form.

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If you are a California resident, please read our Notice at Collection.

 

If you have questions about our Middle Market Indicator Report, please email ci_marketing@chubb.com

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