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Tuesday, November 12, 2019
HomeNewsCompaniesCorporate Profits Rose 12% Year-Over-Year in First-Quarter 2017

Corporate Profits Rose 12% Year-Over-Year in First-Quarter 2017

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. (Photo: Reuters)

Corporate profits rose 12.0% year-over-year in the first-quarter (1Q) of 2017 to an annualized $1.735.8 trillion, up from from $1.550.5 trillion in 1Q 2016. Profits are after tax without inventory valuation or capital consumption adjustments.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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