Insights
We are proud to be named a West Coast Regional Leader for 2024
Middle market trend watch: Inventory data and holiday spending
INSIGHT ARTICLE |
Authored by RSM US LLP
A modest improvement in economic activity following the gradual reopening of the economy gave a boost to middle market business sentiment. The RSM US Middle Market Business Index improved to 128.0 in September from 124.9 in August.
Inventory management, as one would expect following a severe shock to the economy, remains paramount to the middle market. In this time of positive sentiment, are businesses stocking up inventories or scaling down? As noted in the MMBI report:
The takeaway
Since early fall signals when middle market firms begin to build up inventories in anticipation of holiday-induced demand, this somewhat cautious outlook on inventories in September implies expectations for a possible weak holiday spending season. While overall sentiment is improving, middle market businesses remain carefully restrained in some areas of operations. Organizations may look to bridge business challenges with process efficiencies and technology solutions, especially when it comes to optimal inventory management.
Let's Talk!
Call us at +1 213.873.1700, email us at solutions@vasquezcpa.com or fill out the form below and we'll contact you to discuss your specific situation.
This article was written by RSM US LLP and originally appeared on 2020-11-16.
2020 RSM US LLP. All rights reserved.
https://rsmus.com/economics/the-real-economy/the-real-economy-volume-71/middle-market-trend-watch-inventory-data-and-holiday-spending.html
RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each is separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com/about us for more information regarding RSM US LLP and RSM International. The RSM logo is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.
Vasquez & Company LLP is a proud member of the RSM US Alliance, a premier affiliation of independent accounting and consulting firms in the United States. RSM US Alliance provides our firm with access to resources of RSM US LLP, the leading provider of audit, tax and consulting services focused on the middle market. RSM US LLP is a licensed CPA firm and the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM US Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise and technical resources.
For more information on how Vasquez & Company LLP can assist you, please call +1 213.873.1700.
Subscribe to receive important updates from our Insights and Resources.