Although one business analyst/commentator writing on the nation's economic outlook makes a number of points in a recent article penned for a national newspaper, those observations essentially coalesce around one fundamental takeaway.
And that is this: Next year could be a real bell ringer for business production and growth, both across the United States and globally.
In fact, notes columnist Gary Miller, 2018 could be a "near record year for M&A transactions."
Why would that be?
There are lots of contributing factors, says Miller, including these:
- Increased investor confidence in recent months stemming from progressively less business upheaval coming out of Europe
- Sustained traction across broad sectors of the U.S. stock market
- Expanding job opportunities, coupled with reduced unemployment
- Consistent corporate earnings in an environment marked by low interest rates and well-controlled inflation
- High business hopes linked with projected tax reform
Collectively, contends Miller, those factors could spur a notably high level of M&A activity across the United States next year.
If that turns out to be the case, many small-business owners in New York and nationally might reasonably expect to profit.
And, reportedly, many of them strongly think they might. More than 70 percent of respondents in one annually released survey on M&A projections and trends recently cited their belief that business activity will increase next year. And nearly as many viewed it as likely that their enterprises will be involved in an acquisition sometime during 2018.
Time will tell regarding such projections and cited hopes, of course. Based on the coming together of multiple positive developments such as those noted above, though, it could well turn out to be the case that 2018 will be a busy and profitable year for many American businesses.
The attorneys at Rich Michaelson Magaliff Moser, LLP, would like to wish all our readers a safe and happy year-end holiday season.