THE PROFIT SQUEEZE: How to Relieve the Pinch

FEW things disturb U.S. business management more than an economic malady known as the profit squeeze, which is its way of describing lower profits on every dollar of sales—even when sales are rising. Last week managers and owners across the U.S. were voicing their concern over profit squeeze—and trying to bring it under control in ways both obvious and oblique. Second quarter 1960 profits for 721 companies surveyed by the First National City Bank of New York were 12% below the alltime-record second quarter of 1959 and down 4% in the first half as compared with 1959.

The reason for...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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