The Housing Chronicles Blog: Initial estimate: Corporate profits dipped sharply in 1Q 2017

Tuesday, May 30, 2017

Initial estimate: Corporate profits dipped sharply in 1Q 2017

Profits from current production (corporate profits with inventory valuation adjustment and capital consumption adjustment) decreased $40.3 billion in the first quarter, in contrast to an increase of $11.2 billion in the fourth quarter of 2016.

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