Durable goods manufacturers profits reach $37.8 bln in Q4 2005
05 Apr '06
3 min read
After-tax profits per dollar of sales averaged 27.2 cents this quarter, compared to the 20.9 cents in the fourth quarter 2004.
Unadjusted sales for the fourth quarter 2005 were $714.1 billion, up $85.8 (±6.6) billion from the $628.3 billion in the same quarter a year ago, but down $8.5 (±7.1) billion from the prior quarter sales of $722.6 billion.
Wholesale Trade Corporations Fourth quarter 2005 unadjusted after-tax profits for wholesale trade corporations with assets of $50 million and over, at $10.5 billion, were up $1.5 (±0.1) billion from the $9.0 billion recorded in the fourth quarter 2004.
Retail Trade Corporations Fourth quarter 2005 unadjusted after-tax profits for retail trade corporations with assets of $50 million and over, at $16.2 billion, were down $0.8 (±0.2) billion from the $17.0 billion recorded in the fourth quarter 2004.
Unadjusted sales for the fourth quarter 2005 were $466.3 billion, up $9.6 (±3.0) billion from the $456.7 billion in the same quarter a year earlier.
Durable Goods Manufacturers Fourth quarter 2005 durable goods manufacturers' unadjusted after-tax profits of $35.3 billion were down $3.9 (±1.1) billion from the $39.2 billion recorded in the fourth quarter 2004. When compared to the fourth quarter last year, results were mixed within the industry categories. Machinery products reported an increase of $1.8 (±0.3) billion in domestic operations.
After-tax profits per dollar of sales averaged 3.5 cents this quarter, compared to the 3.7 cents in the fourth quarter 2004.
First quarter 2006 advance data for U.S Manufacturing, Mining and Wholesale Trade Corporations are scheduled for release on June 12, 2006, for U.S. Retail Trade Corporations, July 11, 2006.
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