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  1. #1
    ABW Ambassador
    Join Date
    January 18th, 2005
    10 Doomed Industries
    The recovery may be rocky at the moment, but when it picks up steam, confidence will increase, jobs will return and the Great Recession will become an unpleasant memory (and perhaps a useful subject from which to draw policy lessons).

    Even so, some industries will never recover because they're destined to go the way of milkmen and carriage makers. Which ones? Market research firm IBISWorld Inc. recently combed through a trove of data to determine the answer to this question.

    The result: A list of the 10 worst industries in America, ones that had a steep decline in revenue in the last decade and are forecasted to further contract even more in the next one. Some of the industries on this list will not shock you, but others will be surprising.

    Extinction is a hard word, but unfortunately that's what all these sectors are facing, due to external competition, technological change and lack of innovation. If you're looking for work in one of these doomed fields, you may want to consider a career transition, and quickly.

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    Last edited by Merchant Consultant Team; June 24th, 2011 at 12:27 PM. Reason: typo

  2. #2
    Super Dawg Member Phil Kaufman aka AffiliateHound's Avatar
    Join Date
    January 22nd, 2007
    West Covina, CA
    Very interesting list - some industries there are obvious, but others I would have never thought of.

  3. #3
    Moderator MichaelColey's Avatar
    Join Date
    January 18th, 2005
    Mansfield, TX
    Glad to see that affiliate marketing isn't on that list!

    Many of the industries listed have been doomed for a long time.

  4. #4
    Join Date
    June 22nd, 2011
    Well, I guess I should be glad I didn't make it as a video editor after all..

  5. #5
    ABW Ambassador beachcom's Avatar
    Join Date
    May 11th, 2006
    Myrtle Beach SC
    Have to agree with Affiliate Hound..some obvious, others not so.

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