The jump in U.S. corporate productivity heralds a boost in corporate profit margins

October 31st, 2009|by Michael Ashley Schulman, Perspectives, The Big Picture|

The present jump in U.S. corporate productivity heralds a boost in corporate profit margins; but positive earnings surprises have been at the cost of household income. Corporate profits are surprising on the upside because of aggressive cost cutting. Non-farm business productivity jumped in the third quarter as firms managed to boost output impressively using fewer […]