What Kind of Industries Benefit from A Recession?
• Gambling / Pubs / Light Entertainment. It is suggested in a recession, people look for light distractions such as going to the pub. People don’t spend on big ticket items like foreign holidays, but they will go down their local to drown their sorrows. • Thrift Shops / Pawnbrokers. Marks and Spencers food department is struggling in the current recession. But, well known value supermarkets like Netto and Aldi are booming • Domestic Tourist Industry. Rather than fly off to exotic locations, people may look to local tourist destinations.
