Sunday, October 2, 2022

The 33 Michigan Cos With Stock Market Caps Above $1 Bil Saw Their Total Audited Annual Earnings Increase By a Blistering 81% in 2021, the Biden Admin's First Full Year in Office. Then During the Trump Admin's Four Years in Office, These Total Michigan Cos Earnings Increased By a Modest 4.6% Per Year. And Then During the Obama/Biden Admin's Eight Years in Office, These Michigan Cos Total Earnings Improved By $57.6 Bil, Going From Total Losses of $36.3 Bil in 2008 to Total Profits of $21.3 Bil in 2016.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website, the investing.com website and of Company SEC filings, there were 33 Michigan Companies with stock markets caps above $1 Bil recently. 

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 33 largest Michigan Companies for 2021, the Biden Administration's first year in office, for 2020, the Trump Administration's last year in office, for 2016, the Obama Administration's last year in office and for 2008, the Bush Administration's last year in office.