[lbo-talk] US companies boost share of economic pie

[Jim Devine]

If you start your comparison in mid-2001, much of the rise of profits
is due to (limited) economic recovery. Profits are quite pro-cyclical
(and fell drastically from 2000 to 2001).

On 6/5/06, Ira Glazer <ira at yanua.com> wrote:
> http://news.ft.com/cms/s/0f7c3a58-f42f-11da-9dab-0000779e2340.html
>
> By Christopher Swann in Washington and Francesco Guerrera in,New York
> Published: June 5 2006 03:00
>
> US companies have increased their share of the economic pie at a faster
> rate over the past five years than at any time since the second world war.
>
> Recent government figures show that profits from current production as a
> share of national income have risen from 7 per cent in mid-2001 to 12.2
> per cent at the start of this year. This rate of growth is unprecedented
> since collection of these figures began in 1947.

-- 
Jim Devine / "Oh blah di / oh blah dah." - L & McC