Corporate profits in the United States declined by USD 72.8 billion, or 3.5 percent, in the first quarter of 2019 to USD 2,003.4 billion, after being unchanged in the previous period at USD 2,076 billion and against market expectations of a 2 percent gain, a preliminary estimate showed. It is the largest decrease in corporate profits since Q4 2015 when they slipped 5.2 percent. Undistributed profits went down by USD 31.2 billion, or 3.9 percent, to USD 765.5 billion; and net dividends declined by USD 41.6 billion, or 3.3 percent, to USD 1,237.9 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose by USD 6.1 billion, or 0.2 percent, to USD 2,621 billion. Corporate Profits in the United States averaged 483.33 USD Billion from 1950 until 2018, reaching an all time high of 2076.82 USD Billion in the third quarter of 2018 and a record low of 14.70 USD Billion in the first quarter of 1951.
Corporate Profits in the United States is expected to be 2130.66 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Corporate Profits in the United States to stand at 2159.10 in 12 months time. In the long-term, the United States Corporate Profits is projected to trend around 2265.77 USD Billion in 2020, according to our econometric models.