New NIPA data shows that non-financial corporate sector inflation continued to fall in Q3 and that profits made a negative contribution for the second quarter in a row.
Andrew Glover’s Post
New NIPA data shows that non-financial corporate sector inflation continued to fall in Q3 and that profits made a negative contribution for the second quarter in a row.
Research and Policy Advisor at Federal Reserve Bank of Kansas City
1yHowever, the quarterly contribution of profits ticked up in Q3. This may just be noise in the higher frequency data, but is the second quarter this year of profit growth.