| FOR IMMEDIATE RELEASE | 3/30/2009 |
Top 10 Biggest Recession Winners
IBISWorld Announces Industries To Perform Best in 2009
LOS ANGELES – March 30, 2009 – The recession is crippling businesses across the nation, but several industries will remain unscathed by the current economic strife, according to recent Recession Updates published by industry research firm IBISWorld. As one of the nation's most respected independent publishers of business intelligence research reports, IBISWorld today announced the top 10 industries expected to have the largest revenue growth in 2009:| S.no | INDUSTRY | REVENUE GROWTH 2009 (percent) |
| 1 | Voice Over Internet Protocol Providers (VoIP) | 20.1 |
| 2 | ecommerce & Online Auctions | 12.6 |
| 3 | Biotechnology | 10.3 |
| 4 | Engine, Turbine & Power Transmission Equipment Manufacturing | 10.0 |
| 5 | Scheduled Bus Service | 9.2 |
| 6 | Court Reporting Services | 7.7 |
| 7 | Community Housing Services | 7.5 |
| 8 | Search Engines | 6.5 |
| 9 | Family Counseling | 6.1 |
| 10 | Video Games | 5.8 |
*Full research reports for these industries are available upon request
“Emerging industries remain well represented and continue to benefit from technological innovation and cost advantages,” explained George Van Horn, senior analyst with IBISWorld. “Unfortunately, the impact of the recession is equally pronounced among sectors directly benefitting from the social and financial stress associated with the downturn.”
While only five percent of all U.S. industries are fortunate enough to be positively impacted by the recession, IBISWorld research estimates that nearly 60 percent of all industries are negatively impacted or worse (depicted in the chart below).
About Recession Updates
On January 15, 2009, IBISWorld published a set of Recession Updates on its website that includes quarterly forecasted growth, an in-depth look at the shifting business landscape and its immediate repercussions on each U.S. industry. Also published was a macroeconomic recession briefing, entitled Economic Crisis: When Will It End?, created by the company’s senior analysts and Chief Economist, Dr. Richard Buczynski.
About IBISWorld, Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every U.S. industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information visit www.ibisworld.com or call 1-800-330-3772.