Tuesday, October 27, 2015

GDI: Corporate profits


At FRED, 25 series come up in a search for shares of gdi.

Five series come up for shares of gdi: Corporate profits. These five:

Graph #1
The highest (most all-encompassing) of the five is: Corporate profits with inventory valuation and capital consumption adjustments, domestic industries.

2 comments:

Jazzbumpa said...

Interesting.

The top line is a good recession predictor. Every decline leads into a recession with [to borrow a phrase] long and variable lead times.

Only one false positive, ca 1986 - but IIRC that year is strange in other ways as well.

Cheers!
JzB

Anonymous said...

@jazzbumpa, the fall in corporate profits is what we call recession.

Salud

Iñigo