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Second Quarter Earnings Expected To Rise Moderately
Analysts foresee solid gains in second quarter corporate profits though not a boom with Data Resources projecting 9 percent year over year growth to about 95.5 billion after tax, while the American Statistical Association notes a 13 percent rise to 92.7 billion. Economic caution centers on inventory rebuilding and late-year slowdowns as weather and energy factors shape the outlook.
MENTIONED IN THIS ARTICLE
Otto Eckstein
Data Resources Inc
Eckstein
Commerce Department
Shaw
American Statistical Association
Michael Evans
Chase Econometrics
Carter
Charles Schultze
Joint Economic Committee of Congress
House
Ways and Means
Council On Wage and Price Control