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Alex Dryden, CFA

Sep 2026 • linkedin

Post excerpt

Corporate profits have never been higher but wages have never been lower. The latest data show US corporate profits reaching a record high as a percentage of GDP, while wages and salaries have fallen to a record low. As the chart below shows, this isn’t simply a one-quarter phenomenon, its been a gradual decades long transition. In the late 1940s and 1950s, wages regularly accounted for around 49–51% of US GDP, while corporate profits typically represented around 6–8%. Fast forward to today and wages have fallen t…

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