Corporate Profits: Difference between revisions

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* '''Profits of domestic nonfinancial corporations''' increased $17.1 billion in the second quarter, in contrast to a decrease of $102.9 billion in the first quarter.  
* '''Profits of domestic nonfinancial corporations''' increased $17.1 billion in the second quarter, in contrast to a decrease of $102.9 billion in the first quarter.  
* '''Rest-of-the-world profits''' increased $20.2 billion in the second quarter, in contrast to a decrease of $9.2 billion in the first quarter. In the second quarter, receipts increased $18.2 billion and payments decreased $2.0 billion.
* '''Rest-of-the-world profits''' increased $20.2 billion in the second quarter, in contrast to a decrease of $9.2 billion in the first quarter. In the second quarter, receipts increased $18.2 billion and payments decreased $2.0 billion.
{| class="wikitable"
! rowspan="4" |
! colspan="8" |Billions of dollars
! colspan="7" |Percent change from preceding period
|-
! rowspan="3" |2020
! rowspan="3" |2021
! rowspan="3" |2022
! colspan="5" |Seasonally adjusted at annual rates
! rowspan="3" |2021
! rowspan="3" |2022
! colspan="4" |Quarterly rates
!Quarter one year  ago
|-
! colspan="3" |2022
! colspan="2" |2023
! colspan="2" |2022
! colspan="2" |2023
!2023
|-
!Q2
!Q3
!Q4
!Q1
!Q2
!Q3
!Q4
!Q1
!Q2
!Q2
|-
|Corporate  profits with inventory valuation and capital consumption adjustments
|2,260.1
|2,771.1
|2,952.6
|3,001.3
|3,000.0
|2,939.5
|2,818.1
|2,807.5
|22.6
|6.6
|0.0
| -2.0
| -4.1
| -0.4
| -6.5
|-
|Less: Taxes on  corporate income
|288.9
|388.2
|473.8
|478.7
|457.0
|464.3
|488.7
|440.2
|34.4
|22.0
| -4.5
|1.6
|5.3
| -9.9
| -8.0
|-
|Equals: Profits  after tax with inventory valuation and capital consumption adjustments
|1,971.2
|2,382.8
|2,478.8
|2,522.6
|2,543.0
|2,475.2
|2,329.3
|2,367.2
|20.9
|4.0
|0.8
| -2.7
| -5.9
|1.6
| -6.2
|-
|Net dividends
|1,541.3
|1,659.3
|1,705.4
|1,740.4
|1,683.9
|1,653.8
|1,651.6
|1,667.6
|7.7
|2.8
| -3.2
| -1.8
| -0.1
|1.0
| -4.2
|-
|Undistributed  profits with inventory valuation and capital consumption adjustments
|429.9
|723.6
|773.4
|782.2
|859.0
|821.4
|677.7
|699.6
|68.3
|6.9
|9.8
| -4.4
| -17.5
|3.2
| -10.5
|-
|'''Addenda for  corporate cash flow:'''
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|-
|Net cash flow  with inventory valuation adjustment
|2,374.7
|2,778.9
|3,018.3
|2,954.0
|3,135.6
|3,146.0
|3,126.8
|3,187.3
|17.0
|8.6
|6.1
|0.3
| -0.6
|1.9
|7.9
|-
|Undistributed  profits with inventory valuation and capital consumption adjustments
|429.9
|723.6
|773.4
|782.2
|859.0
|821.4
|677.7
|699.6
|68.3
|6.9
|9.8
| -4.4
| -17.5
|3.2
| -10.5
|-
|Consumption of  fixed capital
|1,958.5
|2,068.2
|2,302.7
|2,275.6
|2,343.3
|2,385.6
|2,448.7
|2,487.2
|5.6
|11.3
|3.0
|1.8
|2.6
|1.6
|9.3
|-
|Less: Capital  transfers paid (net)
|13.6
|12.8
|57.8
|103.7
|66.8
|61.1
| -0.3
| -0.5
|..............
|..............
|..............
|..............
|..............
|..............
|..............
|}


== References ==
== References ==