
The worst of the Great Resignation might be over, but not for small businesses

Economic News from RSM
by Tuan Nguyen
Software companies operating in the latter part of the business cycle must consider the implications of a potential recession on their business. It’s worth noting that during the Great Recession, some software companies endured and even thrived. A…
The small business optimism index rose 3.8 points to 104 in September, the highest reading since February, according to a report by the National Federation of Independent Business.
This month marks the inauspicious 90th anniversary of the Smoot-Hawley Tariff Act, perhaps the most ill-advised bill on the economy ever enacted.
Tuan Nguyen is an economist at RSM US LLP who analyzes high-frequency economic data within the United States and global economies to better understand the American middle market. Tuan’s data-driven economic analysis and insights enhance the ability of middle market companies to thrive in an increasingly competitive global economy.
Based in New York, Tuan works closely with the firm’s cutting-edge Industry Eminence Program to help senior analysts accelerate data-driven strategies in their line of business. His areas of focus include the comprehensive measurement framework for environmental, social and governance (ESG) financial reporting, as well as trends in behavioral, labor and network economics and in industrial organizations. Before joining RSM, he was a graduate researcher, lecturer and teaching assistant for the economics department of his alma mater, Northeastern University, where he taught macroeconomics, international economics and microeconomic theory.
Nguyen holds a Ph.D. in econometrics and quantitative economics from Northeastern University and holds a bachelor of arts in economics and international affairs from the University of New Hampshire, where he graduated summa cum laude and was recognized as an outstanding economics student.