As the era of easy money and low-cost financing ends, middle market businesses are facing a reckoning. Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for these firms to meet payrolls and finance their expansion, according to a new survey from RSM ... READ MORE >
real economy
The infrastructure package will bolster productivity and economic modernization
The $1.2 trillion infrastructure package recently signed into law by President Biden will increase productivity, reduce business costs, cut carbon emissions, improve living standards and have the potential to lift economic growth above the current long-run rate of 1.8%. Once one accounts for ... READ MORE >
Hispanic ascendant: challenges, opportunities and the real economy
Given the growth and economic power of the Hispanic community in the United States, we believe it will strengthen the backbone of the real economy, helping the country solve a range of issues in the post-pandemic world, such as labor shortages, dampened population growth, and structural economic ... READ MORE >
Election economics: Biden victory projected as Senate hangs in the balance
Joe Biden’s projected victory implies a possible era of significant changes to address the pandemic, expand domestic health care, modernize the nation’s infrastructure and adopt expansionary fiscal policy—all of which will define the economic policy landscape over the next two years. However, the party ... READ MORE >