30 August 2001, 11:58 US Q2 after-tax corporate profits down 2.0% vs Q1 fall of 7.8%
Washington, Aug. 29 (BridgeNews) - U.S. after-tax corporate profits
fell at an annual rate of 2.0% in the second quarter, not quite as bleak
as the 7.8% decline reported for the first quarter, but providing further
affirmation that a slowing economy is hitting corporations, the Commerce
Department reported.
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