Often celebrated for its resiliency, the “mighty middle” has a history of powering through economic turmoil. In this eBook, you will learn how:

• AvidXchange data from Q2 2022 shows the middle market took its largest leap in spending, both quarterly and year-over-year (YoY), since 2017
• Inflation is causing firms to spend more on wages, goods and services, but more than 75% of middle market firms report plans to pass along costs to clients, per RSM
• An equal number of firms say inflation has had a positive impact (39%) as those who cited an overall negative impact, per the National Center for the Middle Market (NCMM)
• Nearly four out of five companies reported revenue increases from a year ago in Q2 2022, per NCMM
• Despite general concerns about the U.S. economy, 70% of those surveyed by AvidXchange said their company is increasing its overall budget over the next 12 months with investments in technology and internal efficiencies taking top priority