Logo
  • Home
  • Press Releases

Some Industries Still Profitable in Recession

Despite a flailing economy, several industries are still seeing steady profits.

Wired PR News – Some industries have remained highly profitable despite a recession that has brought many businesses to the brink of bankruptcy. As reported on CNN Money.com, some industries have benefited from individuals changing their focus from shopping as a pastime to spending their money on acquiring new skills, health care, and other survival based needs.

Brian Hamilton, CEO of Sageworks Inc., is quoted in the report as stating of an industry report on spending behavior, “Our data show that companies selling non-discretionary products and services, things that people really need, are doing pretty well.”

As noted in the report, included on the list essential of industries are auto and home repair, trade school, personal care, and financial advice. Hamilton is further quoted as stating of these industries, “Although the economy has slumped, we’re not getting a decline across all industries. Very specific industries like real estate are creating a big drag on the broader economy.”

It's only fair to share...Pin on Pinterest
Pinterest
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Email this to someone
email
Print this page
Print
Tags: bankruptcy, CEO, CNN, consumer spending, economy, essential industries, recession, Sageworks, survival
May 25, 2009   Tiffany Cherry - WiredPRNews.com Press Release Reporter
Business, News bankruptcy, CEO, CNN, consumer spending, economy, essential industries, recession, Sageworks, survival
×

  • East Alabama Landmark in Peril
  • City Fined for Asbestos Violations – Mesothelioma Cancer News
Categories
  • Arabic PR
  • Art
  • Auto News
  • aviation news
  • Bollywood News
  • BP OIL Spill News
  • Business
  • California
  • Call Center News
  • Copyright Law
  • Dallas News
  • e-commerce
  • Education
  • Electronics
  • Employment Law
  • Entertainment
  • Family law
  • Fashion
  • Food & Beverage
  • golf news
  • Green
  • Health & Fitness
  • Hollywood News
  • home decor
  • insurance
  • iPhoneNews
  • Law
  • Media News
  • Medical News
  • Mesothelioma Asbestos
  • military-news
  • Money & Finance
  • music news
  • new york
  • New York City
  • News
  • Noticias en español
  • Opinions
  • Personal Finance
  • Personal Injury Law News
  • Press Releases
  • Real Estate
  • Religious News
  • Restaurant Reviews
  • Social Media News
  • Social Responsibility
  • South Florida News
  • Sports
  • Technology
  • Top Stories
  • travel
  • UK Press Release
  • US Presidential News
  • VoIP News
  • Weather
  • Web Technology
  • Weddings
  • whistleblower
  • World News
Recent Posts

Premier Houston Roofing Contractor, Integris Roofing, Is Extending Services to Houston Metro with a New Website Design

January 18, 2021, Comments Off on Premier Houston Roofing Contractor, Integris Roofing, Is Extending Services to Houston Metro with a New Website Design

Free Psychic Reading Online Via Live Chat, Phone Call or Video By The Best Online Love Psychics Reading Experts

January 18, 2021, Comments Off on Free Psychic Reading Online Via Live Chat, Phone Call or Video By The Best Online Love Psychics Reading Experts

Leicester Funeral Home Provides Insights on Local Funeral Restrictions

January 18, 2021, Comments Off on Leicester Funeral Home Provides Insights on Local Funeral Restrictions
Tags
asbestos Business California cancer clean air solutions clouse dunn khoshbin Dallas dallas employment death economy Education employment law attorney Employment Lawyer employment lawyers facebook Florida google government Health Hollywood insurance jonathan c reiter Lawsuit lawyer marketing Los Angeles marketing mesothelioma mortgage new york New York City nfm lending Obama Parcel2Go president Real Estate recession Search Engine Optimization SEO social media study Texas texas employment Twitter U.S. Washington
News Tags >>

  • Our News on Google News
  • Yahoo News
  • Writing a Press Release
  • Press Release Distribution Services
  • A Sample Press Release Template
  • Social Media News Distribution
  • Search Engine Optimized Press Release
  • Online News Distribution Benefits
  • Dallas News
  • Latest Press Releases
  • Lawyer Press Release Service
  • News on Major online news sites
  • Press Release Service WiredPRNew.com
Copyright © 2021 WiredPRNews.com