Today’s (August 30, 2017) GDP release (Q2, 2nd Estimate)(pdf) was accompanied by the BLS Corporate Profits report for the 2nd Quarter.
Of course, there are many ways to adjust and depict overall Corporate Profits. For reference purposes, here is a chart from the St. Louis Federal Reserve (FRED) showing the Corporate Profits After Tax (without IVA and CCAdj) (last updated August 30, 2017, with a value of $1785.9 Billion SAAR):
Here is the Corporate Profits After Tax measure shown on a Percentage Change from a Year Ago perspective:
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Corporate Profits After Tax [CP]; U.S. Department of Commerce: Bureau of Economic Analysis; accessed August 30, 2017; https://research.stlouisfed.org/fred2/series/CP
RevSD, LLC offers the above data and projections for informational purposes only, and does not necessarily agree with information provided by these outside parties.
ProfitabilityIssues.com is published by RevSD, LLC (RevSD.com). RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.