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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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