Corporate Profits Increase

Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $499.6 billion in the third quarter, in contrast to a decrease of $208.9 billion in the second quarter.

Profits of domestic financial corporations increased $12.1 billion in the third quarter, compared with an increase of $26.5 billion in the second quarter. Profits of domestic nonfinancial corporations increased $436.2 billion, in contrast to a decrease of $145.9 billion. Rest-of-the-world profits increased $51.3 billion, in contrast to a decrease of $89.5 billion. In the third quarter, receipts increased $113.0 billion, and payments increased $61.7 billion.