Don’t look at corporate earnings for clues on how the economy is doing
Share Now on:
As some economic indicators have become fairly predictable — with a historically low unemployment rate and inflation that’s also pretty low — some may be tempted to look at corporate earnings for clues on how the economy is doing. Major corporations like GM, Apple, Facebook, Alphabet and even McDonald’s issue quarterly earnings reports that offer a glimpse into how they are doing. And those reports have a lot of sway over markets. But it’s important to think that what’s good (or bad) for corporations may not be good for the economy overall.
News and information you need, from a source you trust.
In a world where it’s easier to find disinformation than real information, trustworthy journalism is critical to our democracy and our everyday lives. And you rely on Marketplace to be that objective, credible source, each and every day.
This vital work isn’t possible without you. Marketplace is sustained by our community of Investors—listeners, readers, and donors like you who believe that a free press is essential – and worth supporting.