Business

Corporate profits rise in third quarter

WICHITA - Corporate profits rose 2.2 percent in the third quarter, compared to the previous quarter, according to federal Bureau of Economic Analysis.

Profits, which are a key indicator of future demand for corporate business jets, grew 13.2 percent in the second quarter and 21.1 percent in the first quarter.

Third-quarter profits still have not reached the level of annual averages of the past three years.

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