Though corporate profits have been on the rise over the last several months, they are starting to reach a standstill. Slow economic growth and strain on consumers are two of the key factors for the decreased profit gain.
In the third quarter of 2011 profits rose 14% while the second quarter saw a 19% gain and the first quarter 20%. Many companies have begun reducing their forecasts for this and future quarters.
Current estimates show the fourth quarter will have 12% growth and 9% in the first quarter of 2012.
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