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Tech, Media and Telecom

IT firms comprise the fastest-growing U.S. industry, with more than double the average growth of all other sectors. From software developers to new gig economy platforms, the middle market is an active participant in this exciting space.

Video gaming and esports, already growing in the U.S., see major lift during pandemic

Jun. 8, 2020 by Victor Kao

A rise in video gaming since pandemic shelter-in-place orders went into effect could be the wave the esports industry has been looking for to become a more widespread trend in the United States. Until more recently, the growing popularity of esports had been most dramatic in Asian countries. The trend is now spreading more in Europe and North America. ... READ MORE >

Tech jobs have not been spared in the pandemic, but growth of remote work helps some

May. 29, 2020 by Kurt Shenk, Davis Nordell, Victor Kao and David Stuart

Before COVID-19, unemployment in the technology sector was at a five-decade low and was far lower than the overall U.S. unemployment rate. Though unemployment has risen for some parts of the technology sector as the pandemic has gripped the country, companies are still hiring for other roles. Job postings for web developers and applications software ... READ MORE >

Wearables and the fight against COVID-19

Apr. 20, 2020 by Jessika Garis

As COVID-19 continues to spread around the world, research organizations are trying to leverage wearable technology and crowd-source data to aid in the fight against the global pandemic. But many are wondering if giving up on user privacy for the greater good comes with a price. Tracking COVID-19 Current data indicates that the use of wearables has tripled ... READ MORE >

Despite COVID-19, TV broadcasting has potential to finish 2020 strong

Apr. 1, 2020 by Victor Kao

Strong revenues are becoming more of an anomaly in 2020, given disruptions across all industries as the coronavirus (COVID-19) pandemic continues to unfold. Yet despite the competitive landscape, local television stations and broadcasting networks in the United States continue to position themselves for a strong 2020, with projected revenues of $37 billion. ... READ MORE >

Coronavirus and the global technology supply chain

Mar. 11, 2020 by Victor Kao, Kurt Shenk and Davis Nordell

To understand why the coronavirus has had such a profound impact on global supply chains and the world economy, look no further than how reliant technology companies have become on Chinese manufacturers. Nearly 20 years ago, during the SARS epidemic, China’s economy was much different and less interconnected to the world economy, supplying mainly ... READ MORE >

The new tech economy is all about location, location, location

Feb. 24, 2020 by Kurt Shenk, Victor Kao, Davis Nordell, Adam Lohr and Troy Merkel

Economic output in the United States is increasingly revealing a geographic divide, with a greater share of gross domestic product being concentrated in the nation’s largest metropolitan areas. In 2018, 31 counties generated 32% of U.S. gross domestic output, according to a report in Bloomberg based on data from the Bureau of Economic Analysis. The ... READ MORE >

Coronavirus epidemic threatens technology global supply chain

Feb. 7, 2020 by Victor Kao and Kurt Shenk

Coronavirus deaths continue to rise Recently, we’ve seen significant volatility within the global market as investors continue to weigh the overall impact of the coronavirus (2019-nCoV).  While a vaccine from drugmaker Gilead Sciences Inc. brings a glimmer of hope in finding a cure, the virus continues to spread rapidly throughout China, primarily ... READ MORE >

Private equity looks for recession-proof deals

Dec. 4, 2019 by Anthony DeCandido, Matt Wolf and Kurt Shenk

These are flush times for American private equity funds. Through November, they have raised more capital than any other fiscal year. But a good portion of that cash has not been put to use – yet. One reason is that many takeover targets have simply become too expensive, a dynamic reflected in the drop in deal activity for 2019. According to RSM Bloomberg, ... READ MORE >

How senior housing developers can respond to sagging demand

Nov. 19, 2019 by Matt Wolf and Laura Dietzel

Developers eager to fill the demand for senior housing created by an aging U.S. population are facing a new and unexpected challenge in the form of rapidly advancing technologies that allow seniors to stay in their homes longer. It’s called “aging in place,” and a host of disruptors have set their sights on this growing market as a participants across ... READ MORE >

Retransmission fees give lift to TV broadcast revenue as advertising declines

Sep. 11, 2019 by Victor Kao

It may come as no surprise that advertising revenue for broadcast television has been declining for the past decade as on-demand streaming options such as Netflix and Amazon Prime have proliferated. According to second-quarter 2019 Nielsen data, traditional television viewing among 18- to 24-year-olds fell more than 50% from five years ago to a weekly ... READ MORE >

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About The Real Economy Blog

The Real Economy Blog from RSM US LLP was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including The Real Economy monthly publication and the proprietary RSM US Middle Market Business Index (MMBI).

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The Real Economy Blog
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