3 Market Sectors That May Be (Mostly) Recession-Proof

Everywhere you look online, you’re bound to see articles related to the looming recession and its economic ripple effects. These effects, including job cuts and anticipated elevated default rates, would logically imply that consumers were cutting back spending in all places. But logic and recessions don’t necessarily go hand-in-hand.

Despite dire warnings and dour markets, people aren’t tightening their belts evenly. Instead, they’re tightening here and loosening there. In fact, they’re willing to be surprisingly generous with their cash when they feel they’re getting serious value in return. This is good news for aspiring entrepreneurs open to identifying and filling niches.

Currently, three big sectors are

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

The Tantalizing Mystery of the Solar System’s Hidden Oceans

The original version of this story appeared in Quanta Magazine.For most of humankind’s existence, Earth was the only known ocean-draped world, seemingly unlike any...

The Role of Scholarships and Grants in Financing Education

Applying for scholarships and grants helps students pay for college. In some situations, these awards allow people to obtain a degree they wouldn't be...

EV, hybrid and gas-powered: Some interesting cars coming in 2024 | CNN Business

CNN  —  Next year will see the introduction of some new, genuinely affordable electric vehicles as well as...