ZebZ t1_iujxxs3 wrote
Reply to comment by Sir-Jawn in Editorial: Better bet: Despite turbulent Senate race, Oz better prepared to lead by User_Name13
They are raising prices accordingly, clearly. The new floor is set, why would they leave money in the table?
US Corporate Profits Soar With Margins at Widest Since 1950
> A measure of US profit margins has reached its widest since 1950, suggesting that the prices charged by businesses are outpacing their increased costs for production and labor.
> After-tax profits as a share of gross value added for non-financial corporations, a measure of aggregate profit margins, improved in the second quarter to 15.5% -- the most since 1950
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