November 23, 2001

The Long Run Profit Share

U.S. Profits

Over the long run non-financial companies' profits have fallen sharply as a share of GDP: by roughly half between the 1950s and today. * In the short run, the decline in profits since their peak during the second half of the 1990s is also impressive.

Posted by DeLong at November 23, 2001 09:58 PM | TrackBack

Post a comment