Labor Market The Signals: Corporate Profits, Retail Market Signals, & Claims (Chart 1) Corporate Profits Non-Financial Domestic Corporate Profits before Tax without Inventory Valuation and Capital Consumption Adjustments reached another all-time high of 2.89 trillion in 3Q24. The y/y growth rate is at 9.3%, well above the 2015-2019 average of -2.0%. Retail Credit The ICE...Read More