Recovery has reached midsized companies, according a survey by Chicago global accounting firm Grant Thornton and researchers Wirthlin Worldwide. The firms report that eight out of 10 U.S. midsized companies are optimistic about the future of their businesses over the next six months, and half plan to increase hiring. Additional findings of the Grant Thornton Survey of Middle-Market Business Leaders include:
- 84% are optimistic about the growth of their businesses over the next 12 months.
- 54% expect their businesses' growth to be organic, 17% predict growth through a joint venture/strategic alliance, 16% by acquisition and 4% by merger.
- 50% expect to hire more employees over the next six months, with only 7% expecting to reduce work force.
- 73% approve of President Bush's performance.