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When macroeconomic growth slows, investors get edgy. But the economy isn't the only thing that drives revenue and earnings growth for companies. Some industries are poised to expand at a rapid clip even if GDP growth is subdued or decelerating.
The global economy is growing, but not so fast. In the US, GDP growth is forecast to advance by 2.0% in 2019, followed by the euro area at 1.2% and Japan at 0.6% (Display). It's hardly surprising that investors are concerned.
Some industries aren't really tied to the economic cycle and are benefiting from technological