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Ohio Leads Nation in Middle-Market Firm Growth

February 15, 2016

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Ohio ranks first in the nation for growth in the number of middle-market firms between 2011 and 2016, according to the latest Middle Market Power Index from American Express and Dun & Bradstreet.

The index shows Ohio has an estimated 7,233 middle market companies — those with annual revenue of between $10 million and $1 billion — which make up 1.24 percent of all firms in the state.

The report says the middle-market sector is responsible for 53 percent of all job growth nationally since 2011 even though, on a national basis, such companies represent about 1 percent of all U.S. businesses.

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