How much did the recession hurt? One indicator comes this week in a survey published by FORTUNE, which compared the 1960 gains of top U.S. and foreign companies. Sales of the 100 largest overseas industrial firms rose by 14.2% and profits by 10.7%. In sharp contrast, sales of the 500 leading U.S. industrial firms went up 3.7%, while profits dropped by 3%. The largest gains in sales were made by the big companies of Japan (average increase: 27.5%) West Germany (22.5%), Italy (20.3%).
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