The unemployment situation is precarious, as "anything from Washington that might seem negative for business may spook management into slowing down expansion efforts and inventory replenishment, " says Marc Lowlicht, wealth management division head at Further Lane Asset Management .
When the boom period of credit expansion is coupled with growth in public sector borrowing, however, the subsequent negative impact on the economy will be worse.
Revenues grew by 20% despite higher growth in subscribers due to negative exchange rate effects. 2012 was a stellar year for DirecTV in terms of Latin American expansion, and the company believes that its good run will continue in 2013 as well.