U.S. corporations are on track to earn their highest annualized profits since records of such things began to be kept back in 1950. As we would expect, the gains in profits are due mostly to rising productivity.

http://www.dailyfinance.com/2010/12/11/americas-economic-illness-baumols-dis/#articleHeader

As my DailyFinance colleague Peter Cohen reported last month, U.S. corporations are on track to earn their highest annualized profits since records of such things began to be kept back in 1950. As we would expect, the gains in profits are due mostly to rising productivity.