P&G Execs Talk Strategy in Event of US. Slowdown

Procter & Gamble executives declined to predict the future of U.S. consumer market on the company’s Tuesday earnings call, but they did share some insight into how they’ve worked to safeguard the business should a slowdown occur.

“In terms of predicting any kind of acceleration or consumer slowdown, we aren’t in that business,” said P&G chief operating and chief financial officer Jon Moeller. “We are better positioned today for several reasons to deal with the downturn then we were, for example, in 2007, 2008.”

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