Corporate Profits Up in 4th Quarter: The...
From Times Staff and Wire Reports
Corporate Profits Up in 4th Quarter: The 2.8% rise in corporate after-tax profits in the final quarter of 1989 was the only quarterly gain last year, the Commerce Department reported. It said the $156.7-billion increase at a seasonally adjusted annual rate followed declines of 5.4% in the third quarter, 7.2% in the second and 1.1% in the first.
