Industries that do well in Recession?

Answer:

  • Loan modification, loss mitigation and credit counseling
  • Rental Real Estate vs Purchase Real Estate
  • Liquidators, especially business equipment
  • Second hand sellers/buyers
  • Family Counseling
  • Biotechnology
  • VOIP
  • Community Housing Services
  • Family Counseling
  • Video Games
  • e commerce and Online AUction
  • Flea Markets, Traders, Classifieds
  • Discount Retailers
  • DIY (Do It Yourself) industry for hardware, supplies and instruction for keeping up maintenance rather than replacing.
  • Debt Collection Agencies
  • Education and Training, as layoffs create need to prepare for alternative employment
  • Temporary Staffing and Contract Employment Services
  • Rental and Leasing Firms, as companies have less cash for purchasing equipment
  • Healthcare, consistent but more in demand when stress increases
  • Resellers of just about anything used or refurbished
  • Equipment Repair, Home Repair and Handyman Services
  • Auto Repair and Maintenance
  • Information, classes, books and/or home study courses on repair, cooking, no-cost leisure activities, etc.
  • Lottery, Alcohol and Tobacco
  • Internet Marketing and Business Opportunity Industry


http://www.foxbusiness.com/story/biggest-recession-winners/

SJ

First answer by MarianSnow. Last edit by Sylvian86. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 3 [recommend question].