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Uhm, because P&G is a full out consumer business and there is now 15% unemployment?
by stefan_ 7y ago
Uhm, because P&G is a full out consumer business and there is now 15% unemployment?
- MattGaiser 7y agoP&G mostly sells things that are essential, so these are not the things typically cut very much even when people are living on 60% of their incomes. P&G did not take a large hit in 2008 either. P&G stock did though. https://www.macrotrends.net/stocks/charts/PG/procter-gamble/revenue https://www.macrotrends.net/stocks/charts/PG/procter-gamble/... https://www.macrotrends.net/stocks/charts/PG/procter-gamble/net-income https://www.macrotrends.net/stocks/charts/PG/procter-gamble/...