Chart: Post-2007 period sees high post-tax profits and slow investment: Average post-tax profit rates and non-residential fixed investment

Figure 2

Post-2007 period sees high post-tax profits and slow investment: Average post-tax profit rates and non-residential fixed investment

	1948-1979	1979-2007	2007-2016
Post-tax profit rate	7.60%	7.31%	8.45%
NRFI growth	5.00%	4.72%	2.09%
NRFI, share of NDP	4.15%	4.05%	2.59%

ChartData Download data

Source: Data from Tables 1.14, 1.1.6, 1.1.5, and 1.7.5 from NIPA and Table 6.1 from the Fixed Assets program of the BEA. Post-tax profit rates are the net operating surplus of corporations divided by the current cost value of the capital stock.

Previous chart: « Productivity and hourly pay grew faster when corporate tax rates were higher: Statutory corporate tax rate and 5-year average of productivity and real hourly pay growth, 1953–2016

Next chart: No visible correlation between corporate tax rate changes and real earnings growth: Percentage-point change in overall statutory corporate income tax rate and cumulative annual earnings growth across OECD countries, 2000–2016 »