With a large majority of third-quarter earnings in the books (87% of S&P 500 companies have reported for Q3 2009), today's chart provides some long-term perspective to the current earnings environment by focusing on 12-month, as reported S&P 500 earnings. Today's chart illustrates how earnings declined over 92% from its Q3 2007 peak to its Q3 2009 trough, which makes it easily the largest decline on record (the data goes back to 1936). On the positive side, S&P 500 earnings bottomed and are moving up sharply.
Leading Index for Commercial Real Estate Increased 7% in June
-
From Dodge Data Analytics: Dodge Momentum Index Expands 7% in June
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew
6.8% in June...
4 hours ago