Graded Discussion Week 3

Please note that if you edit your initial response (Original Post), you will not get credit for the Original Post. The discussions are set up as "Must post first". Bureau of Economic Analysis provides profit data for various industries in the United States.

Go to the Bureau of Economic Analysis.

Click Data > by Economic Account > National> Corporate Profits.

Scroll down and click Interactive Data.

Click Table 6.16D. Corporate Profits by Industry.

In your initial response to the topic, you have to answer all the questions:

1. Based on the most recent figures, which of the following categories of industry classifications has the greatest profits?
   • Financial or nonfinancial
   • Manufacturing, transportation and warehousing, wholesale trade, or retail trade
   • Durable goods or nondurable goods
2. During the past years, which sectors had the largest and smallest percentage increase in profit?
3. Which sectors, if any, experienced losses?
4. What are the implications of the profit changes for expansion or contraction of the particular industries?
5. Reflection: the students should also include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

You are expected to make your contribution to the main topic and respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students and your instructor.