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The company's diversification helps it manage during periods of slower spending, according to analysts.
Last year, the IMF had called for slower spending cuts to help the UK recovery strengthen.
A number of economists continued to predict slower spending as consumers are squeezed by higher prices for gasoline.
WASHINGTON (AP) — The service sector contracted sharply in November as slower spending hurt insurers, retailers and hotels.
As American Express's fourth-quarter results indicated on Monday, companies are being forced to prepare for slower spending.
At the same time, the Democratic presidential nominee shelled out $54 million, a slower spending rate than the previous month.
Similar(34)
Eventually, global balance must be restored through slower spending-growth in America compared with that in the rest of the world.
So finding ways to slow spending growth is vital.
Central banks raise interest rates to slow spending to a more sustainable pace.
Far better to slow spending, and thus inflation, with tighter fiscal policy.
Just how much the law will slow spending growth is highly uncertain.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com