The word on the street is that the US is in a recession. Everyone is feeling this economic impact, some more than others. People are scared for their financial and job security. There are however, industries that will survive this, and any recession:
Pads and Tampons
Women will always bleed, every month, forever. There will always be a necessity for these items.
Toilet Paper Even if a person has to buy cheap dollar store toilet paper, they have to buy toilet paper.
Diapers Babies will always pee, and poop, so they will always need diapers.
Cleaning businesses
I don't mean personal maids, I mean cleaning companies that clean for businesses. No matter what gets cut from the budget, workers will not start taking out their own garbage, or clean their own toilets.
Looking for workplace stability in a tough economic time? Go into one of those industries.
Do you think these industries are recession proof? Are there any other recession proof industries? What are they?
Comments (28)
Burger flippers. Fast food equals cheap food (yeah, prices have gone up, but it's fairly affordable) which inevidably results in weight gain, but I can't see McD or BK go under.
Waste management. We'll always have trash, no matter how little we can afford these days.
The alcohol industries are thriving! Though I have my doubts about the cleaning industry..
I think newspapers might be making a comeback...at least local ones, since more and more people are becoming unable to afford cable...and so buy more papers.
I dunno if this'll last, though. Just a trend I've observed.
Candies and sweets are more or less recession-proof. Because they're usually cheap and people buy it more when they can't afford much else.
@pillowpixies@xanga -
All I've seen is those doubts confirmed where I'm at. My Mom used to clean factories. She actually worked two of these sorts of jobs for two companies. She got laid off from both of them as the companies themselves began to rot...and not from the dirt, either.
@MyFreedomWings@xanga - Yeah, I was figuring that's the way it would be. I mean, even if the workers may not clean up their personal spaces, I'm sure the owners would much rather go through and pick up trash than have to pay somebody to do it. (Especially in private owned businesses)
And I bet it'd be easy for a business to begin having their workers clean up their own spaces, I mean, after all, some already do and have been for a while. Cleaning is just something that people don't see important enough to dish out the extra money.
Not sure about the cleaning....
Medicine. Particularly emergency and general....people will be more proactive to avoid higher costs....and those that can't afford will go to the ER for medical help.
I run a Christian book shop and the funny thing is we expected to do badly as books are a luxury but instead I have actually been quite busy - people seem to be turning back to God. The last three weeks in church there have been no less that ten new people at services and this is not a big church
test
What about health professionals? Doctors, nurses, pharmacists. People will get sick, especially now that flu season is in.
Lol.
hmmm.. i definitely need the first two.. lol
The food industry of course, we all need to eat. Maybe not expensive foods, but there's sales. The most important food groups include foods such as milk, bread, poultry and eggs. lol There are probably more than that..
hahaha It's always said that the make up industry doesn't lose much. A lot of women will ALWAYS spend on make up. The tobacco industry too. Smokers be feening...
i find it funny that all of your products are procter and gamble products.
sooo recession proof industries:
consumer products like procter and gamble
food industry like general mills, kraft, pepsico, etc.
energy companys like bp, shell, chevron, etc.
If all females switched to the diva cup thing they have for periods, the pad/tampon business could go out.
*shrugs* i'd never switch tho.
@jusanobody@xanga - Ha True.
politician. someone's gotta get us into these things and waste time trying to convince us that they're trying to get us out of them. lol.
medication? like... insulin for diabetes?
in any case, i don't think the recession (or not recession...?) has much to do with everyday items like food, people will always buy that stuff, but it would be more of the luxury items that people will hold off getting due to the lack of money...
Guitar strings because you can't play without them.
one job that should NOT be recession proof is the federal, state and local government. how can they justify those absurd spending budgets when everyone else is expected to tighten the belt????
BAD BAD BAD
Gaming industry and cell phone industry.
THis recession is getting worse by the day. we had 3 stores in the strip mall my stores in close down last month. and theres only about 10 stores altogether.
getting bad getting bad
these industries make products that have an inelastic demand. what this means is that the quantity demanded won't change due to price, or if it does change, it will be little enough that there won't be a huge effect. it could be that these goods have no substitutes, or they have many compliments that are also inelastic. it all boils down to the laws of supply and demand.
@rips31@xanga - uh, seeing as we live in a mostly free market economy, it wasn't entirely the government's fault. have you ever heard of a little something called a business cycle? the economy has boom periods and recession periods. seeing as the last recession was about 10 years ago, this recession is right on schedule. in about 2 years, everything will pick back up and we'll be in a boom period again. tell me, when that happens, are you going to give credit to the government or are you one of those ignorant fools who blame the government for everything wrong?
doormen who work in nyc, doctors nurses..etc
youd be suprised how companies cut back on cleaning..if anything thats the first thing they cut back on
@hipbonesarein@xanga - ahhh...just what xanga needs: another uninformed 20-something that rants about things that they don't know about. have you even discerned what caused this recession? if you've been keeping up, it's the fallout from the sub-prime lending disaster.
what caused the sub-prime lending disaster? it's the politicians who relaxed the lending rules so that these so-called 'exotic' loans could be given to those that couldn't afford it. people have no money b/c they can't afford their loans, houses foreclose, no more money goes into the economy, car companies can't sell, so they fail, etc, etc, etc.
now who's trying to spend taxpayer money to bail-out the faltering economy? politicians.
so yes, i have heard of a free market economy. however, this has less to do with a free market economy and more to do with the failure of the government. so no, i won't give the government any props b/c they got us into this mess, which i expect them to get us out of.
get your facts straight before you speak.
hmm... if push comes to shove.. im sure plenty of mama and papa's will be using the cloth diapers lol