Re: surge in U.S. corporate profits

From: Paul Cockshott (clyder@GN.APC.ORG)
Date: Thu May 20 2004 - 16:13:56 EDT


On Thursday 20 May 2004 04:36, Allin Cottrell wrote:

>
> As you say, the % change in employment =~ 6% since the last profit
> peak and the % change in CPI =~ 14%.  According to other BLS figures,
> the increase in output per hour in the Business Sector has been > 20%
> since 1997 (with the biggest increases over the last 2 years).  That
> comes fairly close to accounting for a 50% increase in profits.
>
> Allin Cottrell
Is the change in output per hour after inflation adjustment?


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