Corporate profits in the United States dropped 11.8 percent to USD 1,569.2 billion in the second half of 2020, following a downwardly revised 11 percent fall in the previous period, a preliminary estimate showed. It was the sharpest decline in corporate profits since the last quarter of 2008, amid the coronavirus crisis. Undistributed profits slumped by 50.5 percent to USD 198.0 billion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment dropped by 10.6 percent to USD 2,075.8 billion. Also, net dividends edged down by 0.6 percent to USD 1,371.2 billion.
Corporate Profits in the United States averaged 512.56 USD Billion from 1950 until 2020, reaching an all time high of 1998.94 USD Billion in the fourth quarter of 2019 and a record low of 14.67 USD Billion in the first quarter of 1951. This page provides the latest reported value for - United States Corporate Profits - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Corporate Profits - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: U.S. Bureau of Economics Analysis
Corporate Profits in the United States is expected to be 1620.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in the United States to stand at 1900.00 in 12 months time. In the long-term, the United States Corporate Profits is projected to trend around 1870.00 USD Billion in 2021, according to our econometric models.