What are the most resilient sectors in the economy?
Resilient sectors are those that can withstand economic downturns. Examples include healthcare, utilities, and consumer staples.
Why is healthcare considered a resilient sector?
Healthcare is essential and consistently in demand, regardless of economic conditions, making it a stable sector.
What about technology? Is it resilient?
Technology can be resilient, especially sectors like cybersecurity and cloud computing, which are increasingly vital.
How do these sectors perform during a recession?
During a recession, resilient sectors often see less decline in revenue compared to others, maintaining stability.
Can you give examples of companies in these sectors?
Sure! In healthcare, companies like Johnson & Johnson; in utilities, Duke Energy; and in consumer staples, Procter & Gamble.
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