U.S. Manufacturing Totaled $255.2 Billion Q2

The U.S. Census Bureau announced the following seasonally adjusted quarterly after-tax profits for manufacturing industries statistics for Second Quarter 2021:

After-tax Profits and Sales, Second Quarter 2021
Seasonally Adjusted Manufacturing Corporations U.S. manufacturing corporations’ seasonally adjusted after-tax profits in the second quarter of 2021 totaled $255.2 billion, up $26.9 (±0.8) billion from the after-tax profits of $228.4 billion recorded in the first quarter of 2021, and up $222.3 (±1.6) billion from the after-tax profits of $32.9 billion recorded in the second quarter of 2020.

Seasonally adjusted sales for the quarter totaled $1,800.5 billion, up $72.1 (±8.0) billion from the $1,728.4 billion recorded in the first quarter of 2021, and up $499.5 (±25.1) billion from the $1,301.0 billion recorded in the second quarter of 2020

Nondurable Goods Manufacturers
Nondurable goods manufacturers’ seasonally adjusted after-tax profits in the second quarter of 2021 totaled $114.4 billion, up $19.9 (±0.6) billion from the after-tax profits of $94.4 billion recorded in the first quarter of 2021, and up $105.6 (±0.7) billion from the after-tax profits of $8.8 billion recorded in the second quarter of 2020. Seasonally adjusted sales for the quarter totaled $874.4 billion, up $55.6 (±4.9) billion from the $818.8 billion recorded in the first quarter of 2021, and up $246.0 (±11.0) billion from the $628.4 billion recorded in the second quarter of 2020.

Durable Goods Manufacturers
Durable goods manufacturers’ seasonally adjusted after-tax profits in the second quarter of 2021 totaled $140.8 billion, up $6.9 (±0.9) billion from the after-tax profits of $133.9 billion recorded in the first quarter of 2021, and up $116.7 (±1.0) billion from the after-tax profits of $24.1 billion recorded in the second quarter of 2020.

Seasonally adjusted sales for the quarter totaled $926.1 billion, up $16.5 (±5.8) billion from the $909.6 billion recorded in the first quarter of 2021, and up $253.4 (±14.6) billion from the $672.6 billion recorded in the second quarter of 2020.
Wholesale Trade Corporations Wholesale trade corporations’ seasonally adjusted sales for the quarter totaled $846.1 billion, up $63.9 (±4.9) billion from the $782.2 billion recorded in the first quarter of 2021, and up $228.9 (±15.6) billion
from the $617.1 billion recorded in the second quarter of 2020.

Information Services Corporations
Information corporations’ seasonally adjusted sales for the quarter totaled $375.2 billion, up $7.9 (±1.8) billion from the $367.3 billion recorded in the first quarter of 2021, and up $64.1 (±4.9) billion from the $311.2 billion recorded in the second quarter of 2020.

Professional and Technical Services (except Legal Services) Corporations
Professional and Technical Services corporations’ (except Legal Services) seasonally adjusted after-tax profits in the second quarter of 2021 totaled $1.3 billion, not statistically different from the after-tax profits of $1.2 billion in the first quarter of 2021, but up $6.0 (±1.2) billion from the losses of $4.7 billion recorded in the second quarter of 2020.

Seasonally adjusted sales for the quarter totaled $181.8 billion, up $6.6 (±1.5) billion from the $175.3 billion recorded in the first quarter of 2021, and up $29.2 (±1.6) billion from the $152.6 billion recorded in the second quarter of 2020.

After-Tax Profits and Sales, Second Quarter 2021

Not Seasonally Adjusted Manufacturing Corporations
U.S. manufacturing corporations’ second quarter 2021 unadjusted after-tax profits totaled $262.4 billion, up $222.6 (±1.6) billion from the after-tax profits of $39.8 billion recorded in the second quarter of 2020, and up $39.4 (±0.8) billion from the after-tax profits of $223.0 billion recorded in the first quarter of 2021.

Unadjusted sales for the second quarter of 2021 totaled $1,829.7 billion, up $507.8 (±25.1) billion from the $1,322.0 billion recorded in the second quarter of 2020, and up $169.7 (±8.0) billion from first quarter 2021 sales of $1,660.1 billion.

Nondurable Goods Manufacturers
Nondurable goods manufacturers’ second quarter 2021 unadjusted after-tax profits totaled $116.8 billion, up $105.7 (±0.7) billion from the after-tax profits of $11.1 billion recorded in the second quarter of 2020, and up $21.4 (±0.6) billion from first quarter 2021 after-tax profits of $95.4 billion.

Unadjusted sales for the second quarter of 2021 totaled $896.2 billion, up $252.5 (±11.0) billion from the $643.7 billion recorded in the second quarter of 2020, and up $104.6 (±4.9) billion from first quarter 2021 sales of $791.6 billion.

Durable Goods Manufacturers
Durable goods manufacturers’ second quarter 2021 unadjusted after-tax profits totaled $145.6 billion, up $116.8 (±1.0) billion from the after-tax profits of $28.8 billion recorded in the second quarter of 2020, and up $18.0 (±0.9) billion from first quarter 2021 after-tax profits of $127.6 billion.

Unadjusted sales for the second quarter of 2021 totaled $933.5 billion, up $255.3 (±14.6) billion from the $678.3 billion recorded in the second quarter of 2020, and up $65.1 (±5.8) billion from first quarter 2021 sales of $868.5 billion.

Mining Corporations
Second quarter 2021 unadjusted after-tax losses for mining corporations with assets of $50 million and over totaled $1.2 billion, up $42.2 (±0.1) billion from the after-tax losses of $43.4 billion recorded in the second quarter of 2020, but down $8.0 (±0.1) billion from the after-tax profits of $6.8 billion recorded in the first quarter of 2021.