Tuesday, April 12, 2011

Top Ten Dying Industries

A company called IBISWorld has put together a report called "Dying Industries", which looks at the universe of close to a thousand industries to identify the 10 that are most hopelessly in decline.

These industries all experienced drastic revenue decreases over the past decade, and are expected to continue to decline, due to factors like damaging external competition, advancements in technology, and industry stagnation.

In descending order of 2010 revenue, the industries are:

1. Wired communications carriers
2. Mills
3. Newspaper publishing
4. Apparel manufacturing
5. DVD, game and video rents
6. Manufactured home dealers
7. Video postproduction services
8. Record stores
9. Photofinishing
10. Formal wear and costume rental

In most of these industries, the companies' valuations are already pricing in an eventual end to the industry. I think there may be shorting opportunities in paper, though, and in old-media companies generally.

3 comments:

whydibuy said...

You should add in Credit Bubble Stocks Blog, lol.

Eric said...

4. Apparel manufacturing

In most of these industries, the companies' valuations are already pricing in an eventual end to the industry.

Right.

chasing said...

Its a great post.. well done.. I really like it..