Profits from current production (corporate profits with inventory valuation
and capital
consumption adjustments) increased $98.3 billion in the second quarter,
compared with an increase of
$16.5 billion in the first quarter. Current-production cash flow (net cash
flow with inventory valuation
and capital consumption adjustments) -- the internal funds available to
corporations for investment --
increased $40.6 billion in the second quarter, compared with an increase of
$0.2 billion in the first.


Taxes on corporate income increased $39.4 billion in the second quarter,
compared with an
increase of $0.1 billion in the first. Profits after tax with inventory
valuation and capital consumption
adjustments increased $58.9 billion in the second quarter, compared with an
increase of $16.4 billion in
the first. Dividends increased $24.7 billion, compared with an increase of
$23.0 billion; current-
production undistributed profits increased $34.2 billion, in contrast to a
decrease of $6.6 billion.

Domestic profits of financial corporations increased $56.7 billion in the
second quarter, in contrast
to a decrease of $26.9 billion in the first. Domestic profits of
nonfinancial corporations increased $25.3
billion in the second quarter, compared with an increase of $23.2 billion in
the first. In the second
quarter, real gross corporate value added increased, and profits per unit of
real value added increased.
The increase in profits per unit reflected an increase in unit prices that
was partly offset by an increase in
unit labor costs; unit nonlabor costs decreased slightly.

The rest-of-the-world component of profits increased $16.2 billion in the
second quarter,
compared with an increase of $20.1 billion in the first. This measure is
calculated as (1) receipts by U.S.
residents of earnings from their foreign affiliates plus dividends received
by U.S. residents from
unaffiliated foreign corporations minus (2) payments by U.S. affiliates of
earnings to their foreign
parents plus dividends paid by U.S. corporations to unaffiliated foreign
residents. The second-quarter
increase was accounted for by a larger increase in receipts than in
payments.

Profits before tax increased $120.0 billion in the second quarter, compared
with an increase of
$26.6 billion in the first. The before-tax measure of profits does not
reflect, as does profits from current
production, the capital consumption and inventory valuation adjustments.
These adjustments convert
depreciation of fixed assets and inventory withdrawals reported on a
tax-return, historical-cost basis to
the current-cost measures used in the national income and product accounts.
The capital consumption
adjustment decreased $7.8 billion in the second quarter (from -$227.9
billion to -$235.7 billion), in
contrast to an increase of $9.1 billion in the first. The inventory
valuation adjustment decreased $13.9
billion (from -$40.2 billion to -$54.1 billion), compared with a decrease of
$19.2 billion.

++++++++++++++++++++++++++++++++++++++++++++++++++ ++


L'economia è in splendida salute....e per la prima volta da qualche mese a
questa parte il cross EUR/USD è andato in divergenza coi prezzi dello S&P500
(che di solito sono direttamente correlati = debolezza USD, equity in
crescita/ rafforzamento USD, equity correggono).....

Si rafforza l'USD e crescono i mercati.....

--
«Se ti muovi, ti tasso; se continui a muoverti, ti regolo; e se smetti
di muoverti...ti sussidio».

"orare pro me"....e vaffanculo! [cit.]

> Si rafforza l'USD e crescono i mercati.....



Su questo punto sono stato prontamente smentito.....la correlazione sta
continuando come prima, c'è stata solo una divergenza di brevissimo,
insignificante...

tutti guardano ai corporate profits
del 2 quadrimestre adesso ....

[Aspirante guru] ha scritto:

> ... quadrimestre ....

ROTFL

(quarter --> trimestre)

--
Ho sciupato il mio tempo, e ora il tempo sciupa me.
(William Shakespeare - Riccardo II)

"Neo" ha scritto :

> [Aspirante guru] ha scritto:
>> ... quadrimestre ....
> ROTFL
> (quarter --> trimestre)

e ci ha ragione,
mi perdoni.
di solito uso sempre l'inglese,
per una volta che uso l'italiano
faccio 'na figura da peracottaro

si vede che aspiro troppo

:-DDD