business newsThe 10 Fastest-Growing Industries in America
By
Anthony Shields Oct 09, 2012 2:25 pm
Hot sauce, yoga, and self-tanning lotions? Yes, these are the things consumers want more of, recession or not.
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MINYANVILLE ORIGINAL The economy isn’t back to full strength yet, but new industries are rising out of the hole of the Great Recession. From the economic crisis, new markets have proven their ability to grow while others fell by the wayside. IBISWorld recently put together a list of the industries expected to flourish based on their contribution to the economy as a whole, absolute revenue growth, establishment growth over the past 10 years, and performance expected through 2017. The analysis is sound, but the results may surprise you as some of the ventures that we currently consider risky -- such as social networking or solar energy -- may become industry dominators in the near future. If you want to be able to tell your fellow investors, “I told you so,” read on. Click on the image below to be directed to our slide show.
(Also see: The 10 Fastest-Dying Industries in America)
(Also see: The 10 Fastest-Dying Industries in America)
No positions in stocks mentioned.
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