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2020-manufacturing-day-qfr.pdf
2020 Manufacturing Day Quarterly Manufacturing Statistics in the United States Released October 2, 2020
This brief is the result of the Quarterly Financial Report (QFR) conducted by the U.S. Census Bureau. The QFR provides timely, accurate data on business
financial conditions for use by government, private-sector organizations, and individuals. The Census Bureau has been publishing the QFR for more than
70 years, dating back to 1947. Data published covers income statement and balance sheet items for manufacturing companies, as well as mining, wholesale
trade, retail trade, and selected services.
U.S. manufacturing corporations' seasonally adjusted after-tax profits in the second quarter of 2020 totaled $47.2 billion, down $65.7 (±0.4) billion from the
after-tax profits of $113.0 billion recorded in the first quarter of 2020, and down $89.0 (±1.6) billion from the after-tax profits of $136.3 billion recorded in the
second quarter of 2019.
U.S. Manufacturing Corporations Seasonally Adjusted Quarterly After-Tax Profits
2016 2017
1st quarter 2nd quarter 3rd quarter 4th quarter
2018 2019 2020
Billions of dollars (adjusted for seasonality but not price changes)
0
50
100
150
200
Source: U.S. Census Bureau, Quarterly Financial Report, <www.census.gov/econ/qfr/>.
Nondurable goods manufacturers' second quarter 2020 unadjusted after-tax profits totaled $24.3 billion. Durable goods manufacturers' second
quarter 2020 unadjusted after-tax profits totaled $28.8 billion.
After-Tax Profits in Nondurable and Durable Manufacturing
Billions of dollars (not adjusted for seasonality or price changes) 200 All manufacturing 180
Nondurable 160 (311-316, 322-326)
140 Durable (321, 327, 331-339) 120
100
80
60
40
20
0 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2
2018 2019 2020
Source: U.S. Census Bureau, Quarterly Financial Report, <www.census.gov/econ/qfr/>.
Connect with us @uscensusbureau
2020 Manufacturing Day
Source: U.S. Census Bureau, Quarterly Financial Report, <www.census.gov/econ/qfr/>.
Chemicals (3251-9)
Transportation equipment (3361-9)
Computer and electronic products (3341-9)
After-Tax Profits in Selected Manufacturing Industries
202020192018
Billions of dollars (not adjusted for seasonality or price changes)
-20
-10
0
10
20
30
40
50
60
2020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q1
Source: U.S. Census Bureau, Quarterly Financial Report, <www.census.gov/econ/qfr/>.
Billions of dollars (not adjusted for seasonality or price changes)
2019
After-Tax Profits in the Transportation Equipment Manufacturing Industry
20202018
-10
-5
0
5
10
15
20
25
2020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q22018Q1
All transportation equipment (3361-9)
Aerospace products and parts (3364)
Motor vehicles and parts (3361-3363)
