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U.S. corporations have continued to earn record profits, despite economic and geopolitical challenges in recent years. Ben Casselman observes that factors such as tariffs, inflation, and war have not deterred this trend.
Casselman suggests there is little reason to expect that the latest energy shock will change this trajectory. His comments highlight ongoing corporate resilience through periods of economic upheaval.
Casselman previously reported that hiring saw a sharp decrease in February, cautioning that jobs data can often be revised. He also noted that U.S. real income excluding transfer payments dipped 0.4% in the same month. These trends add context to ongoing corporate resilience despite softness in some labor and income measures.