The 4,201 US Companies With Market Caps of At Least $20 Mil Generated 3Q 2016 US GAAP Total Earnings of $278 Bil, Up 29% From Their Total US GAAP Earnings of $216 Bil in the 3Q 2015 ..... The 122 US Companies With Market Caps Above $40 Bil Had Total US GAAP Earnings in the 3Q 2016 of $171 Bil, Up Only 1% From the 3Q 2015 ..... On the Other Hand, the 4,079 US Companies With Market Caps of $20 Mil To $40 Bil Generated Total US GAAP Earnings in the 3Q 2016 of $106.3 Bil, Up 133% From Their 3Q 2015 Total US GAAP Earnings of $45.7 Bil ..... The Totally Unexpected Huge 3Q 2016 Earnings Growth of the Medium-Sized and Smaller-Sized US Companies Is Why the Overall US Stock Market Continues To Hit Record Highs, Why US GDP Growth Was 3.5% in the 3Q 2016, Why the US Unemployment Rate Is Now Only 4.7% and Why Average US Worker Pay Increased So Dramatically in December 2016 ..... It's Great To See Such a Massive Earnings Improvement of These Mid-Sized and Smaller US Companies in President Obama's Penultimate Quarter in Office ..... 4Q 2016 Total Earnings Growth Should Again Be Outstanding

Below here is a summary by Stock Market Cap Range of the 3Q 2016 and 3Q 2015 Total US GAAP Earnings (Losses) From Continuing Operations of the 4,201 US Companies with Stock Market Caps of at least $20 Mil.  The details of US Company Earnings included in each Stock Market Cap Range is shown in separate recent posts I made, which are shown in the Blog Archive in the upper right hand side of the computer screen.  Traditional Predominately Regulated Utilities were excluded.

								Cumulative	Cumulative
		Calendar	Calendar					Calendar	Calendar
		3Q	3Q					3Q	3Q
		2016	2015					2016	2015
		Total	Total					Total	Total
		US GAAP	US GAAP					US GAAP	US GAAP	Cumulative	Cumulative
		Net	Net	Total	Total		Cumulative	Net	Net	Total	Total
	# of	Income	Income	Earnings	Earnings		# of	Income	Income	Earnings	Earnings
Stock Market Cap Range	Cos	(Loss)	(Loss)	Improvement	Improvement		Companies	(Loss)	(Loss)	Improvement	Improvement
		$ mils	$ mils	$ mils	%			$ mils	$ mils	$ mils	%
Above $40 Bil	122	171,257	170,005	1,252	1%		122	171,257	170,005	1,252	1%
$10-40 Bil	312	66,611	53,430	13,181	25%		434	237,868	223,435	14,433	6%
$5-10 Bil	301	17,208	5,414	11,794	218%		735	255,076	228,849	26,227	11%
$3-5 Bil	311	15,680	7,219	8,461	117%		1,046	270,755	236,068	34,688	15%
$2-3 Bil	334	8,437	302	8,135	2695%		1,380	279,192	236,369	42,823	18%
$1-2 Bil	521	4,507	(3,497)	8,004	NM		1,901	283,699	232,872	50,827	22%
$700 Mil-$1 Bil	243	490	(1,410)	1,901	NM		2,144	284,189	231,462	52,727	23%
$300-700 Mil	603	(1,806)	(3,023)	1,217	NM		2,747	282,384	228,439	53,944	24%
$200-300 Mil	228	(367)	(1,446)	1,079	NM		2,975	282,017	226,993	55,023	24%
$100-200 Mil	395	(1,556)	(2,883)	1,327	NM		3,370	280,461	224,110	56,351	25%
$50-100 Mil	383	(1,555)	(3,996)	2,441	NM		3,753	278,906	220,113	58,792	27%
$20-50 Mil	448	(1,328)	(4,418)	3,090	NM		4,201	277,577	215,696	61,882	29%
$20 Mil-$40 Bil Totals	4,079	106,320	45,691	60,630	133%
$20 Mil and Above Totals	4,201	277,577	215,696	61,882	29%