American corporations have contained labor costs much more so than in most past profits expansions.
3. Productivity has averaged only a bit higher growth than in the eight previous post-World War II profits expansions.
The bank said that profit expansion could slow this year because of an expected decline in the national growth of home lending, now at record levels.
"We expect 1999 and 2000 to be years of ongoing profit expansion, with better aggregate gains than 1998, which was disappointing," Cohen was quotd as saying in a report to clients.
Dropping markets, smoked commodities, falling shipping rates, slowing Chinese macro growth, a Eurozone stuck in neutral, Fed uncertainty, lackluster domestic wage growth, and slipping profit expansion among American firms lashed to high public multiples were all warnings.
When compared with its profit growth, however, Exponent is one of the pricier finds on the micro-cap list: its price-earnings to growth ratio (PEG), which measures how expensive a company is when compared with the pace of its profit expansion, is 1.61.
This framework is competencies-based (inward out) rather than needs-based (outward in), and much more naturally centers on the customer the key to any profit-expansion effort.
As Y.& R. flourished with the explosive growth of radio, then television, top management plowed profits into expansion.
Productivity improvements can be directed into allowing people to work less for the same pay instead of into corporate profits and expansion.
It is based on the reinvestment of profits in expansion and development of its business in the market and on the establishment and maintenance of a reputation for quality, cleanliness, and service at a fair price.
