How businesses are spending their money has been a focal point as industries feel the impact of the pandemic and look to bolster cash flow.

And as the largest contingent of businesses in the U.S., the middle market presents interesting insights on the broader economy.

In Avidxchange's first quarterly Middle Market Spending Trends Report, they're revealing how and where middle market companies increased or decreased their spend across several industries. Insights are based on data captured from the more than 12 million payments processed annually through the AvidPay network.