March 29, 2017

Corporate Profits Surge

Since the 2nd Quarter of last year, corporate profits have increased from $1.178 trillion to $1.639 trillion – an increase of $461 billion. Unlike other sectors of the economy, corporate profits have recovered to almost record-breaking levels – the only Quarter greater than the 2nd Quarter goes back to the 3rd Quarter of 2006 with $1.655 trillion, as the graph below displays.

How much will corporate profits soar?

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