After-tax profits of U.S. manufacturing corporations totaled $117.1 billion in the first quarter 2006

$16.9 billion
After-tax 1Q'06 profits for Computer and electronic products on sales of $141 billions

$19.1 billion
After-tax 1Q'06 profits for Pharmaceuticals and medicines on sales of $66 billions

 

Seasonally adjusted after-tax profits of U.S. manufacturing corporations totaled $117.1 billion in the first quarter 2006, the U.S. Census Bureau reported. First quarter 2006 after-tax profits were up $15.2 billion from the $101.8 billion recorded in the previous quarter. First quarter 2006 after-tax profits were up $27.0 billion from the $90.1 billion recorded in the same quarter a year ago.

Seasonally adjusted sales for these manufacturers totaled $1,423.8 billion for the quarter, up $42.8 billion from the $1,381.0 billion recorded in the fourth quarter 2005, and up $125.1 billion from the $1,298.7 billion recorded in the first quarter 2005.

After-tax profits averaged 8.2 cents per dollar of sales for the quarter, 7.4 cents last quarter, and 6.9 cents a year earlier.

 

Source: U.S. Department of Commerce

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