NIPA Note: Profitability continues its slide

Originally published
March 27, 2008

This morning’s release of the fourth quarter corporate profits data
underscores the argument we’ve been making for some time now:
profitability peaked in in 2005, and has been heading down since 2006.
A graph of this series, pre- and after-tax:

Nipa

by Philippa Dunne· · 0 comments · Red Flags