Industries That Thrive During Recessions
Due to the COVID-19 pandemic, the US economy is set to face another recession. Like what happened back in 2008, the Great Recession has taught industries several lessons. Based on the data from the last recession, some industries have thrived while some have experienced the worst impact of the economic recession.
Since every industry is different from one another, some will be stable even during a recession because it depends on the varying consumer behavior in that particular period. Are you wondering what kind of industries will survive an economic downturn? Here’s a list of thriving industries:
1. Discount …