Corporate Profit Growth Slowing
The corporate profit growth that has been occurring over the last several months is beginning to slow down.
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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