Profits at manufacturing companies were down in the fourth quarter, the U.S. Census reported Monday.
Based on a survey of large corporations, U.S. manufacturers' seasonally adjusted after-tax profits in the last quarter of the year totaled $154.5 billion, down $1.7 billion from third-quarter earnings of $156.2 billion.
However, manufacturers' profits were up $41.4 billion compared to the same quarter of 2017.
Read the full story, "U.S. manufacturers' profits down in fourth quarter of 2018," at houstonchronicle.com.
See also: "3 steps for preparing your warehouse for an economic cooldown" and "Tariffs, tech, and your supply chain" at PlantServices.com.