Wednesday, March 28, 2018
Corporate After-Tax Profits Fall
Going into 2018, corporate profits weren't getting any tax-related
boost. After-tax corporate profits fell a year-on-year 6.0 percent in
the fourth quarter to $1.68 trillion compared to a 5.8 percent decline
on a pre-tax basis to $2.13 trillion. Profits are after tax without
inventory valuation or capital consumption adjustments.
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