In the News April 15

Economic Matters of Concern

Profits in 2021 Over Pre-Pandemic Averages

These are some examples of the increase in profits in 2021 over pre-pandemic averages for several major corporations.

Moderna – 3,777 per cent
ConocoPhillips – 1,445 per cent
Carlyle Group – 535 per cent
Amazon – 453 per cent
Capital One – 394 per cent
Blackstone – 333 per cent
Ford – 208 per cent
Google – 212 per cent
Target – 119 per cent
Chevron – 185 per cent
Facebook – 164 per cent

(Workers’ Forum, posted April 15, 2022)