THE PROFITS:
Tracing the Real Cause of Ballooning Profit Margins
Gains Have Been in Trillions for the Mega-companies During the COVID Era CONSTRUCTION MANUFACTURING
Both graphs on this page adapted from Bureau of Economic Analysis; via The Poynter Institute’s Politifact.
FOOD, LODGING TRANSPORTATION RETAIL AGRICULTURE HEALTHCARE OVERALL FINANCE Corporate profits after taxes doubled overall over 2009-2021, according to the above chart from BLS. Industries differed in terms of profit growth in the listed order above, with the highest increase being a mind-blowing figure of 700%. As we can see from the following graph by the Federal Reserve, Gross Value Added shows the ecosince 2015, companies have been nomic productivity resulting from reaping far more profits per unit the raw corporate inputs including of gross value added to economthe government subsidies and exic productivity. cluding taxes paid. 50% increase It shows pure productivity as opsince 2011 posed to pure profits.
→
→
2022
→
2015
