The RSM US Middle Market Business Index (MMBI), presented by RSM in partnership with the U.S. Chamber of Commerce, remains robust in the second quarter of 2018, with business leaders signaling strong, positive, forward-looking expectations on revenues, earnings, hiring, and compensation.
In the second quarter of 2018, the MMBI posted a composite score of 134.5, a slight 2.2-point decrease from last quarter’s record-high of 136.7. A score above 100 indicates an expanding middle market. READ MORE
Fill me in: The Trump Administration on Friday formally announced plans to impose a 25% tariff on billions of dollars’ worth of Chinese imports, following through on proposals and sparking an immediate threat of retaliation from Chinese officials. The tariffs are coming in at least two batches: A first list, totaling $34 billion worth of imports, will be hit with tariffs early next month; the second list, worth about $16 billion, will undergo further review, but tariffs on these goods could hit in late July or August. READ MORE
A broad coalition of trade associations and other industry groups, including the U.S. Chamber, on June 13 filed a petition with the National Labor Relations Board (NLRB) asking the agency to engage in a rulemaking to define joint employment under the National Labor Relations Act (NLRA). The petition asks the Board to engage in the rulemaking process “in order to realign the Board’s joint-employer test with Congress’s intent under the [NLRA].” READ MORE
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