The US Census Bureau announced the following seasonally adjusted quarterly after-tax profits for manufacturing industries statistics for Fourth Quarter 2016.
Seasonally Adjusted Manufacturing Corporations US manufacturing corporations’ seasonally adjusted after-tax profits in the fourth quarter of 2016 totaled $144.1 billion, down $6.6 (±1.2) billion from the after-tax profits of $150.7 billion recorded in the third quarter of 2016, and up $25.0 (±0.3) billion from the after-tax profits of $119.1 billion recorded in the fourth quarter of 2015.
Seasonally adjusted sales for the quarter totaled $1,602.8 billion, up $35.0 (±18.1) billion from the $1,567.8 billion recorded in the third quarter of 2016, and up $27.8 (±5.8) billion from the $1,574.9 billion recorded in the fourth quarter of 2015.
US manufacturing corporations’ fourth quarter 2016 non-seasonally unadjusted after-tax profits totaled $133.3 billion, up $25.0 (±0.3) billion from the after-tax profits of $108.3 billion recorded in the fourth quarter of 2015, but down $27.8 (±1.2) billion from the after-tax profits of $161.1 billion recorded in the third quarter of 2016.
Unadjusted sales for the fourth quarter of 2016 totaled $1,609.1 billion, up $27.4 (±5.8) billion from the $1,581.7 billion recorded in the fourth quarter of 2015, and up $23.4 (±18.1) billion from the third quarter 2016 sales of $1,585.7 billion.
Fourth quarter 2016 unadjusted after-tax losses for mining corporations with assets of $50 million and over totaled $10.2 billion, up $73.8 (±0.0) billion from the after-tax losses of $84.0 billion recorded in the fourth quarter of 2015, but down $2.2 (±0.0) billion from the after-tax losses of $8.0 billion recorded in third quarter of 2016. Unadjusted sales for the fourth quarter of 2016 totaled $58.3 billion, up $1.4 (±0.1) billion from the $56.8 billion recorded in the fourth quarter of 2015, and up $3.4 (±0.3) billion from third quarter 2016 sales of $54.8 billion.