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U.S. Bureau of Economic Analysis (BEA) – XtremeCuztoms

Tag: U.S. Bureau of Economic Analysis (BEA)

US Corporations Rack Up Multi-Decade Record Profits Amid Rising Inflation

August 29, 2022
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While U.S. citizens have been struggling with rising inflation over the past few months, corporations have reportedly netted record profits during the same period. Aftertax profits as a share of gross value added for nonfinancial corporations—a measure of aggregate profit margins—rose to 15.5 percent in the second quarter from 14 percent in the first quarter,…

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American Corporations Rack Up Multi-Decade Record Profits Amid Rising Inflation

August 29, 2022
0 Comment

While American citizens have been struggling with rising inflation over the past few months, corporations have reportedly netted record profits during the same period. Aftertax profits as a share of gross value added for nonfinancial corporations—a measure of aggregate profit margins—rose to 15.5 percent in the second quarter from 14 percent in the first, according…

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