True Pundit

Business Politics

In Trump Era, U.S. Corporations See Best Earnings in 13 Years

FOLLOW US!
Follow on FacebookFollow on Twitter

As President Trump’s administration enters the last half of its first year, U.S. corporations are experiencing their best earnings in 13 years, a report finds.

Bloomberg reports that U.S. corporate profits in the second quarter “have beaten estimates at more than three-quarters of the Standard & Poor’s 500 member companies. In every sector, at least half of the companies have surpassed or met expectations, with many also getting a boost from a sinking U.S. dollar.”

“Growth was particularly strong in key regions of North America and Europe, where we grew sales greater than twice GDP, as well as throughout Asia-Pacific,” Dow Chief Executive Officer Andrew Liveris said.

READ MORE:

FOLLOW US!
Follow on FacebookFollow on Twitter

  • harrydweeks

    Actually this is very encouraging as this earnings report is without propose tax cuts by the Trump administration.