Last Thursday’s GDP release (Q3, 2nd Estimate) was accompanied by the BLS Corporate Profits report (preliminary) for the 3rd 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 (last updated 11/29/12, with a value of $1752.2 Billion) :
Please Note – The above is excerpted from the EconomicGreenfield.com (published by StratX, LLC) post of December 3, 2012, titled “3rd Quarter Corporate Profits”
StratX, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future weak(ening) economic conditions, and offers businesses and other entities advice, strategies, and actionable methods on how to optimally adapt to such challenging, complex conditions.