Corporate profits surge 25%—largest growth in 50 years—while inflation is up 9.1%

by smeblorp

Corporate profits in the U.S. have soared upwards of 25%, the biggest annual increase in nearly 50 years, while every-day Americans are dealing with 9.1% inflation.

Sources:

U.S. Bureau of Labor Statistics, Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years

St. Louis Federal Reserve, Corporate Profits After Tax (without IVA and CCAdj)