Economic News from RSM
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 US LLP. The result is a risk to economic growth across the real economy and, potentially, a recession. … READ MORE >
The package signed into law represents the most significant modernization of the nation’s infrastructure since the middle of the 20th century. … READ MORE >
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 changes. … READ MORE >
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 that controls the Senate will determine the scope of that change, and that outcome is pending the two runoffs for the seats in Georgia. … READ MORE >
