📈 U.S. Corporate Profits Soar 54% Post-Pandemic, Reaching $3.8 Trillion in Q2 2024

After a modest 20% growth from 2012 to 2019 (CAGR of 2.7%), corporate profits surged by 54% (CAGR of 9.1%) between 2019 and Q2 2024. During this period, the annual inflation rate averaged 4.2%, compared to 2.2% from 2012 to 2019.