After-Tax Profits and Sales, First Quarter 2024 – Seasonally Adjusted Manufacturing Corporations
U.S. manufacturing corporations' seasonally adjusted after-tax profits in the first quarter of 2024 totaled $200.0 billion, not statistically different from the after-tax profits of $199.6 billion in the fourth quarter of 2023, but down $27.0 (±1.2) billion from the after-tax profits of $227.0 billion recorded in the first quarter of 2023.
Seasonally adjusted sales for the quarter totaled $1,904.5 billion, down $54.1 (±5.1) billion from the $1,958.6 billion recorded in the fourth quarter of 2023, and down $126.3 (±30.2) billion from the $2,030.8 billion recorded in the first quarter of 2023.
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