NFIB Small Business Optimism – June 2013

The June NFIB Small Business Optimism report was released yesterday, June 11.  The headline of the Press Release is “Small-Business Confidence Edges Up, Reaches May 2012 Level.”  The subtitle is “Not Much Progress For a Recovery.” The Index of Small Business Optimism increased 2.3 points in May to 94.4. Here are some excerpts from the …

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Corporate Profits As A Percentage Of GDP

In the last post (“1st Quarter Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits After Tax. There are many ways to view this measure, both on an absolute as well as relative basis. One relative measure is viewing Corporate Profits as a Percentage of GDP.  I feel that this metric is …

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1st Quarter Corporate Profits

Today’s GDP release (Q1, 2nd Estimate) was accompanied by the BLS Corporate Profits (preliminary estimate) report for the 1st Quarter. Of course, there are many ways to adjust and depict overall Corporate Profits.  For reference purposes, here is a chart from the St. Louis Federal Reserve (FRED) showing the Corporate Profits After Tax (last updated …

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Uncertainty And Its Impact On The Economy

One subject that is a major issue – and one that many believe is “holding back the economy” – is that of “uncertainty.”  This is a substantial concern to businesses, both large and small, as seen in recent business surveys including the NFIB Small Business Optimism Survey as well as the Deloitte “CFO Signals” Survey. …

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CEO Confidence Surveys 1Q 2013 – Notable Excerpts

On April 25, The Conference Board released its 1st Quarter CEO Confidence Survey.   The overall measure of CEO Confidence was at 54, up from 46 in the fourth quarter. [note:  a reading of more than 50 points reflects more positive than negative responses] Notable excerpts from this April 25 Press Release include: CEOs’ assessment of current …

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NFIB Small Business Optimism – April 2013

The April NFIB Small Business Optimism report was released today, April 9.  The headline of the Press Release is “Small-Business Owner Optimism Cannot Be Sustained.”  The subtitle is “After Three Months of Slow Growth, Owner Confidence is Heading the Wrong Direction Again.” The Index of Small Business Optimism declined 1.3 points in March to 89.5. …

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Corporate Profits As A Percentage Of GDP

In the last post (“4th Quarter Corporate Profits“) I displayed, for reference purposes, a long-term chart depicting Corporate Profits After Tax. There are many ways to view this measure, both on an absolute as well as relative basis. One relative measure is viewing Corporate Profits as a Percentage of GDP.  I feel that this metric is …

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4th Quarter Corporate Profits

Today’s GDP release (Q4, 3rd Estimate) was accompanied by the BLS Corporate Profits report for the 4th quarter and full year. Of course, there are many ways to adjust and depict overall Corporate Profits.  For reference purposes, here is a chart from the St. Louis Federal Reserve (FRED) showing the Corporate Profits After Tax (last …

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Deloitte “CFO Signals” Report 1Q 2013 – Notable Aspects

Recently Deloitte released their “CFO Signals” “High-Level Summary” report for the 1st Quarter of 2013. As seen in page 2 of the report, “One hundred and six CFOs responded this quarter. More than 70% of the CFOs are from public companies, and 85% are from companies with more than $1B in annual revenue.” Here are some of …

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March 2013 Duke/CFO Magazine Global Business Outlook Survey – Notable Excerpts

On March 13 the March Duke/CFO Magazine Global Business Outlook Survey (pdf) was released.  It contains a variety of statistics regarding how CFOs view business and economic conditions. In this CFO Survey, I found the following to be the most notable excerpts: The survey, which concluded March 8, also revealed significant concerns about the U.S. economy. Despite improvements in confidence, …

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