All of the following are lagging economic indicators except corporate profits
A corporate tax, also known as a corporation tax or a business tax, is a direct tax levied on the profits or capital of corporations or similar legal entities. Many countries levy such taxes at the national level, and a comparable tax may be levied at the state or local level.
Corporate profits are the portion of total income produced from current output that is accounted for by corporations in the United States.
Profits are deposited in the corporation's retained earnings account, but they are not obligated to be distributed to stockholders. The corporation's board of directors makes the decision to allocate profits.
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