Real final sales are now +3.8%, versus +3.6% in the prior estimate, and incorporate the revised trade data (more exports, less imports). The chain price index is now -0.1% (was -0.2%), due to higher PCE financial services costs based on new FDIC bank call report data. For Q4, corporate profits fell $61.2 billion before tax, compared with -$57.7 billion in Q3, showing a relatively steady state for business (profits dropped across most nonfinancial sectors, with food and metals the exceptions). Profits after tax, perhaps the most inclusive measure of the status of the business sector, fell $50.4 billion after declining $34.7 billion in Q3. This shows that firms will not yet be anxious to add capacity. //MarketNews