It's been at least seven years since America's midsized companies have been this ecstatic about the economy's prospects.

A whopping 80% of middle-market businesses said they were optimistic, the most since JPMorgan Chase & Co. began its Business Leaders Outlook survey. That's up from 39% last year and reflects a sea change in sentiment that's swept through the ranks of corporate America since the November election.

More than three-quarters of executives say they expect the policies of President Donald Trump and a Republican-led Congress to have a positive impact on their business. The reason: An agenda that's pro-business and includes tax reform and less regulation, the report on Tuesday showed.

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