Sales growth slowed to zero in the fourth quarter and for the full 2017 year as the maker of Huggies diapers and Kleenex tissues struggled
with weak consumer demand.
With weak consumer demand dampening investment, the economy is likely to shrink by close to 1 percentage point over the course of the year.
Not exact matches
Automakers slipped after several posted
weaker new U.S. vehicle sales in April
with consumer demand in the world's largest economy continuing to soften.
With weak demand from Chinese
consumers, the country may need strong exports to lift its growth.
Furthermore,
with slow economic growth,
consumer zeal to save and repay debts, and
weak capital spending this year, loan
demand will likely be
weak.