Question: Please answer the below question. Note: The most recent figure would be 2020 right? I have asked a few tutors who answered with 2018 as

Please answer the below question. Note: The most recent figure would be 2020 right? I have asked a few tutors who answered with 2018 as most recent..... is that right?

Go towww.bea.gov

Click on Data > by Economic Account > National> Corporate Profits

Scroll down and Click on Interactive Data

Click on Table 6.16D. Corporate Profits by Industry".

1) Based on the most-recent figures, which of the following categories of industry classifications has the greatest profits:

  • Financial or nonfinancial
  • Manufacturing , transportation and warehousing, wholesale trade, or retail trade
  • Durable goods or nondurable goods

2.During the past years, which sectors had the largest and smallest percentage increase in profit?

3. Which sectors, if any, experienced losses?

4. What are the implications of the profit changes for expansion or contraction of the particular industries?

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