Business Profits Up in 3Q2010

December 14th, 2010
in Background

U.S. manufacturing corporations’ seasonally adjusted after-tax profits in the third quarter of 2010 totaled $122.7 billion, up $5.0 (±0.8) billion from the after-tax profits of $117.7 billion recorded in the second quarter of 2010, and up $28.2 (±1.4) billion from the after-tax profits of $94.5 billion recorded in the third quarter of 2009.

Follow up:

Seasonally adjusted sales for the quarter totaled $1,443.5 billion, up $9.7 (±3.7) billion from the $1,433.8 billion recorded in the second quarter of 2010, and up $156.1 (±16.1) billion from the $1,287.4 billion recorded in the third quarter of 2009.

After-tax profits per dollar of sales averaged 8.5 cents for the quarter, compared with 8.2 cents for the second quarter of2010,and7.3 cents for the third quarter of 2009.

source: US Census

 









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