Some Businesses, Industries Thrive During Bear Markets

Wall Street tumult doesn’t equate to a collapse of every single industry everywhere. In fact, many businesses and industries are on the upturn, capitalizing on the goods and services that are in demand in light of the changing economic climate.

According to Forbes magazine’s recently released “The Other Economy” issue, here are some of the “surviving fittest”:

• Health Care
• Pharmacies
• Pharmaceutical manufacturing
• Software/technology solutions
• Jet/airliner maintenance
• Farmers
• Soup and convenience food
• Liquor

If your products or services can help people accomplish tasks faster and cheaper, stay healthy, or (in the case of liquor) relieve everyday stresses, your business can actually benefit from the current economic state.

Source: Forbes "Pockets of Prosperity"