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https://www.wsj.com/articles/the-profit-squeeze-is-on-1e7e0adb

The Profit Squeeze Is On

American companies’ profitability is worse than headline figures suggest

By Justin Lahart
One factor behind the decline in profit margins is rising wage and salary bills for private industry. Photo: Mario Tama/Getty Images

If you haven’t noticed how badly profit margins are getting squeezed, it might be because management is trying to keep you from noticing.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.