emblem of US Industry Forum on LInked In

rpsoft 2000

PROFIT, 1969-1990

Graphs, Charts

From USA Data



PROFIT Data, US, 1969-1990
that affect US Industry

US PROFIT Data from 1969 - 1990

Sources:  US Department of Commerce, US BEA (US Bureau of Analysis) for Income, Expense and Profit, DocStoc.com for Unemployment.  For references, see the right side of HERE.


It took me a long while to find good data out of the US.  I had thought for quite some time that most of television commentators and experts were being free with their comments and not analyzing data much.  After getting into this, I find it makes me humble.  As hard as it is to find the data, it is far harder to analyze it.  At first I thought if profit was down, you could blame the president or those in Congress.  But after a bit, one realizes that there is far more going on.  Some presidents have "peace in their time".   Some fight recessions, and maybe more than one (Bush had 3) and some had to deal with wars and some had to deal with tragedies of nature such as volcanoes, hurricanes and floods and more.  So a good analysis must take that all into account.  I did at least a second and then a third level type analysis on the 1990 -2010 items since I am more familiar with recessions and wars in that period.  I have not yet looked closely at this period.  I have heard that Reagan, who is one of my favorite presidents, was faced with a giant recession and that he did a good recovery.  Well, one of us, perhaps me, should get deeper into this period with analysis before casing stones.  I thought I would just present the data with also the cautions: - recessions, wars, acts of nature can affect what you see even more than the politicians involved.


View the below data, or skip ahead to another page for: profit -1990-2010 or profit 1947-1969 or profit 1929-2010



Mostly up which is good.  It does seem somewhat stalled during the Carter years and the early part of the Ford years and Reagan years, but that the later Reagan years showed good growth.  Reagan fans who are also commentators do often say that he was faced with a recession and did well fixing it.

Bounces around a bit ... but it does go up at the end of Carter and beginning of Reagan years, but then later in Reagan years goes down well.

This profit graph of course is mostly just income (IRS mostly) minus expense.  Ouch.  A downward trend in the whole era and there is an indicator of a recession in about 1981, 1982 or so that would take some analysis.  But on the surface, it is not clear to me that Reagan did well with debt.

This graph does show where the profit and loss came from.  It is not so very clear here that the problem in the later years was too much spending - but appears more to do with damage to industry near the Carter / Reagan transition that did not get fixed fast enough.  note that the real issue in that period seems to be that income dropped, and not necessarily that expenses went up.