April 30 - WWJ (Mich.) - The economic news for the Midwest and the nation has not been good. But a report out today from Plante & Moran PLLC, a Southfield-based accounting firm, found a lot of optimism among executives of medium-sized companies in Michigan, Ohio and Illinois.
The survey, which took the pulse of senior executives at middle-market companies in those states, found that more than two thirds are very or somewhat optimistic about the future growth and success of their organizations. A similar survey done in 2006 found that 55.9 percent of respondents felt that way then.
“Probably the most significant surprise in the survey was the level of optimism in middle-market businesses,” said Plante & Moran Managing Partner Bill Hermann.Hermann said that optimism comes, in part, from the nature of medium-sized businesses. Middle market companies – those with revenue of about $5 million to $500 million – often have levels of flexibility and growth potential that larger corporations can't match, he said. Read More. (Read complete report)
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