U.S. mid-sized businesses are demonstrating strong confidence in their future, with 75% of executives expressing optimism about their own companies, according to JPMorgan’s annual Business Leaders Outlook survey released July 20, 2025. This optimism far surpasses sentiment about global economic conditions, which stands at 29%, and exceeds both regional (59%) and industry-specific (60%) confidence levels.
The report highlights that mid-market companies—those typically generating annual revenues between $20 million and $500 million—are poised to boost hiring, increase capital expenditures, and pursue mergers and acquisitions in the coming year. These forward-looking strategies are expected to inject momentum into local economies across the U.S., particularly as these firms often serve as key anchors in their regional business ecosystems.
Despite continued geopolitical tensions and macroeconomic uncertainty on the global stage, the internal strength of mid-market firms appears to be a stabilizing force. Many executives report improved access to capital and a renewed focus on technological innovation and workforce investment as major factors behind their confidence.
While optimism about global and national economic trends remains cautious, this internal momentum suggests that regional economies could experience measurable gains. As mid-sized firms push forward with strategic investments and talent expansion, their actions are likely to ripple positively through local supply chains, employment figures, and consumer spending.
This localized economic vigor underscores the unique resilience of America’s mid-market sector—a segment that continues to drive growth even when broader indicators remain mixed.
