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Re: RE: the profit rate & recession

Devine, James wrote:

the data that Fred Moseley and I are discussing is from the BEA and is
available at:
http://www.bea.doc.gov/bea/ARTICLES/2001/09september/0901ror.pdf or
http://www.bea.doc.gov/bea/ARTICLES/2001/09september/ror.xls.

These data are not disaggregated by industry. 

Ah, but their definition of profits adds interest back in. That's a
useful measure for some purposes, but money spent servicing debt
isn't available for investment or dividends.

Doug


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