U.S. manufacturing profits rise in third quarter

U.S. manufacturing profits rose in the third quarter of 2017, bouncing back from the dent caused by hurricanes in the summer and early fall.

Profits rose to $147.4 billion in the third quarter, up $3.7 billion from the $143.7 billion in the second quarter, according to the latest U.S. Census Bureau’s quarterly financial report. There was little change between third-quarter profits in 2017 and 2016.