Manufacturing after-tax profits in Q3 rise 10%
The U.S. Census Bureau announced the following seasonally adjusted quarterly after- tax profits for manufacturing industries statistics for third quarter 2023:
After-Tax Profits and Sales, Third Quarter 2023 – Seasonally Adjusted Manufacturing Corporations
U.S. manufacturing corporations' seasonally adjusted after-tax profits in the third quarter of 2023 totaled $226.6 billion, up $21.1 (±0.8) billion from the after-tax profits of $205.5 billion recorded in the second quarter of 2023, but down $15.2 (±2.2) billion from the after-tax profits of $241.8 billion recorded in the third quarter of 2022.
Seasonally adjusted sales for the quarter totaled $2,010.5 billion, up $22.1 (±6.6) billion from the $1,988.4 billion recorded in the second quarter of 2023, but down $94.5 (±46.3) billion from the $2,105.0 billion recorded in the third quarter of 2022.
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
