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Roadshow For Growth Bus. (Photo: Business Wire)

GE Capital and Slate’s Roadshow for Growth rolls into Atlanta today as part of a six-month, 20-city tour that will address the issues of middle market businesses, a sector that generates $9 trillion in annual revenue and accounts for nearly 34% of total U.S. employment. According to new research released today by the National Center for the Middle Market (NCMM), mid-sized companies in the Atlanta area comprise only 1% of total number of businesses, yet generate 23% of total revenue and account for 28% of Atlanta’s employment.*

Roadshow for Growth Bus. (Photo: Business Wire)

Roadshow for Growth Bus. (Photo: Business Wire)

Traveling in a branded bus, GE Capital and Slate’s Roadshow for Growth started in Kansas City in May. Since then the bus has stopped in cities like St. Louis, Cleveland, Chicago and Detroit. While in Atlanta, the 11 th stop on the tour, the NCMM will release new data that shows the importance of the middle market to Atlanta including:

  • Consists of approximately 2,800 companies and employs roughly 1.2MM employees
  • Grew revenue by 6.2% in 2012 and is projected to continue to grow at a rate of 5.2%
  • Employment grew by 1.5% in 2012 and is projected to continue to grow at a rate of 0.7%
  • Generated approximately $142.6B in revenue in 2012
  • Services segment is the largest source of revenue and jobs, at approximately $63.3B and roughly 646,000, respectively

“When middle market companies do well, the economy does well,” said Mike Pilot, chief commercial officer of GE Capital. “As the leading lender to the middle market and sponsor to a number of programs to help this critical segment of the U.S. economy grow, we think helping convene a dialogue around the needs of our customers is critical to driving economic growth and creating jobs. From the National Center for the Middle Market to the Roadshow for Growth, our goal is to help policymakers and job creators alike understand that the middle market is the market that drives America.”

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