Corporate profits in the United States fell by 1.7% from the previous period to $2.754.5 trillion in the first quarter of 2024, following a 3.9% increase in Q4 and missing forecasts of a 3.9% rise. Undistributed profits slipped by 8.6% (vs 9.5% in Q4), and net cash flow with inventory valuation adjustment dropped by 2.2% (vs 3.5%). Meanwhile, net dividends rose by 1.7% in Q1, after a 1.3% increase in the previous period. Compared to the corresponding period of the previous year, corporate profits rose by 6.4%. source: U.S. Bureau of Economics Analysis
Corporate Profits in the United States decreased to 2754.50 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. Corporate Profits in the United States averaged 638.97 USD Billion from 1950 until 2024, reaching an all time high of 2803.20 USD Billion in the fourth quarter of 2023 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 June of 2024.
Corporate Profits in the United States decreased to 2754.50 USD Billion in the first quarter of 2024 from 2803.20 USD Billion in the fourth quarter of 2023. Corporate Profits in the United States is expected to be 2300.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.