Profits as a share of income are at or near record highs while the compensation share is around a 50-year low Continue reading
With the Dow Jones industrial average flirting with a record high, the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold. That gulf helps explain why stock markets are thriving even as the economy is barely growing and … Continue reading
Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) , in contrast to an increase of $16.8 billion in the fourth quarter. Current-production cash flow (net cash flow with inventory valuation adjustment) — the internal funds available to corporations for investment — decreased $123.9 billion in the first quarter, in contrast … Continue reading