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Middle Market Indicator: Mid-year Report 2023

Chubb and The National Center for the Middle Market surveyed 1,000 executives of middle market companies for the semi-annual Middle Market Indicator report.


Insights to help middle market companies and their insurance partners understand business trends and evolving risks.

The National Center for the Middle Market is a collaboration between The Ohio State University Fisher College of Business, Chubb and Visa. It exists for a single purpose: to ensure that the vitality and robustness of middle market companies are fully realized as fundamental to our nation's economic outlook and prosperity.

Latest Findings
Latest Findings

Strong performance continues for middle market companies, despite headwinds from inflation and workforce management issues

According to mid-year survey results, middle market companies maintained double-digit growth, inflation continued as their top concern, and workforce recruiting, and retention emerged as pressing challenges.

mean revenue growth expected in the next year
expressed confidence in the U.S. economy
will consider increasing insurance coverage due to inflation
Spotlight industries
Spotlight industries

Consistent with top business concerns, middle market companies find inflation risk is top concern with impact on costs in the midst of increased catastrophic weather events.

Financial Services

Explore middle market financial services insights and emerging trends. 


Learn how inflation and workforce are the top concerns for middle market manufacturing companies.


Discover how economic concerns are impacting middle market technology companies. 

Life Sciences

Explore industry-specific insights and snapshots of emerging trends among middle market life sciences companies. 


Webinar Replay | Middle Market Insights & Climate Spotlight

Business leaders from Chubb and the National Center for Middle Market (NCMM) participated in a webinar on business trends from the newly released Middle Market Report, with a special spotlight on Chubb Climate+.  

Middle market companies are fundamental to the U.S. economy. They face unique challenges, concerns, and considerations. This webinar covered the data behind business outlook and performance findings, top concerns, risk management challenges and how they play into today’s business environment for the Middle Market. A section of the webinar was focused on highlighting climate issues.

Press Release

News Release | Middle Market Company Outlook in the Economy Rebounds with Double Digit Revenue Growth Revealed in Mid-Year Survey

New Chubb and National Center of Middle Market Survey shows inflation risk is top concern with impact on costs in the midst of increased catastrophic weather events

Mid-year 2023 report cover

Mid-year 2023 Middle Market Indicator