With the midterm elections looming, job creation, over-regulation, and big government will again be election issues. Is the government doing too much or too little to support business? Do we need more tax benefits focused on large companies? Should we take away tax benefits to corporations? Who really drives the U.S. economy? Let’s look at the facts.

A recently published study has provided another piece of evidence that the middle market, and not large companies, is driving the growth of U.S. economy. According to the National Center for the Middle Market NCMM, the U.S. middle market saw a 5 percent increase in revenue growth in the fourth quarter of 2013. This compares to the 1 percent revenue increase achieved by S&P companies last year.

According to this study, “The first quarter of 2014 marked a resurgence in growth for the U.S. middle market. Middle market companies reported a year-over-year increase in revenue growth for the past 12 months and added workers to the payroll. Looking forward, middle market companies project revenue at a slower pace but expect employment to improve significantly.”

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