Profit margin

Record High Corporate Profits Boost U.S. Economy

Corporate profits reached record highs in the fourth quarter of last year, contributing to the strength of the U.S. economy. Positive economic indicators, such as decreasing inflation and growing GDP, have translated into soaring profits for America’s biggest companies. While some criticize corporate profits as contributing to economic challenges, others argue that it played a crucial role in preventing massive layoffs and sustaining the economy.