Durable goods manufacturers profits reach $37.8 bln in Q4 2005
05 Apr '06
3 min read
U.S. Census Bureau announces that the seasonally adjusted sales for the quarter were $709.3 billion, not statistically different from the $715.3 billion recorded in the prior quarter, and up $85.2 (±6.6) billion from the $624.2 billion in the fourth quarter 2004.
After-tax profits averaged 9.2 cents per dollar of sales for the quarter, 9.1 cents last quarter, and 8.2 cents a year earlier.
Durable Goods Manufacturers Fourth quarter 2005 seasonally adjusted after-tax profits for durable goods manufacturers were $37.8 billion, down $7.2 (±1.1) billion from the $45.0 billion recorded in the previous quarter, and down $4.0 (±1.1) billion from the $41.8 billion in the fourth quarter 2004.
Manufacturing Corporations Seasonally adjusted after-tax profits of U.S. manufacturing corporations totaled $102.8 billion in the fourth quarter 2005, the U.S. Census Bureau reported. Fourth quarter 2005 after-tax profits were down $7.1 (±1.4) billion from the $109.8 billion recorded in the previous quarter.
Fourth quarter 2005 after-tax profits were up $10.0 (±1.5) billion from the $92.7 billion recorded in the same quarter a year ago.
Nondurable goods manufacturers' after-tax profits in the fourth quarter 2005 were $65.0 billion, not statistically different from the $64.8 billion recorded in the previous quarter, and up $14.0 (±0.9) billion from the $51.0 billion in the fourth quarter 2004.
Nondurable Goods Manufacturers Unadjusted sales for the fourth quarter 2005 were $41.4 billion, up $8.0 (±0.2) billion from the $33.4 billion in the same quarter a year earlier.