What industry hurt the most during a recession?

Here are the top industries that are most likely to be affected by an economic downturn:
  • Accommodation & Food Services. ...
  • Retail and Trade. ...
  • Arts, Entertainment & Recreation. ...
  • Construction. ...
  • Manufacturing. ...
  • Other Services. ...
  • Travel and Airlines. ...
  • Automobiles.




People Also Ask

Younger workers (aged 16 to 24) are often the first cohort to lose their jobs during recessions and stay unemployed longer. This is because they have less on-the-job experience and often work in jobs with high turnover.

MORE DETAILS

The 10 Global Fastest Declining Industries
  • Global Oil & Gas Exploration & Production. ...
  • Global Iron Ore Mining. ...
  • Global Coal Mining. ...
  • Global Fertilizers & Agricultural Chemicals Manufacturing. ...
  • Global Newspaper Publishing. ...
  • Global Magazine Publishing. ...
  • Global Life & Health Insurance Carriers. ...
  • Global Investment Banking & Brokerage.


MORE DETAILS

Healthy large cap stocks also tend to hold up relatively well during downturns. Investing in broad funds can help reduce recession risk through diversification. Bonds and dividend stocks can provide income to cushion investors against downturns.

MORE DETAILS