Business: Index Year

Early in 1939 TIME began publication of its Index of Business Conditions. Since then U. S. business has had a long slow sag, a shorter slow recovery, a sudden stimulant from war, a spurt to new high levels, a leveling off. TIME herewith presents, in relation to these events, a review of the movements of its Index and of the three components (see chart) of which the Index is a composite.

Turnover. The oftener a business can turn over its goods, the better chance it has of profit. One way to check rate of turnover is to divide the gross sales of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!