FYI: Profit margins continue to get fatter.
Ever since the financial crisis, corporations have managed to deliver robust profit growth by offsetting the drag of weak sales growth with widening profit margins. These fatter profit margins come from cutting costs, which usually means getting more productivity out of a fewer number of workers.
Some market watchers have warned that there aren't any more costs to be cut. But during their Q2 earnings announcements and conference calls, corporate America confirmed otherwise.
Regards,
Ted
http://www.businessinsider.com/profit-margins-expand-in-q2-2014-8
