biz cycle question question, economic, produces

stockjaguar

what is a firm classified as if it produces/sells consumer staples, meaning its goods are in demand regardless of economic recession or expansion? is it considered countercyclical?

ishfaque

lapse in memory. yeah talk about it. i am very close to an epilepsy. 35 readings and 9 days. 4 a day. HOLY FCUK.

Benjiko

consumer staples, means its demand is steady. for instance if you are in America, no matter what Macdonalds will sell. Its considered defensive.