Dying Industries
Outsourcing, offshoring, technology changes or the recession’s fallout have sent these industries into a downward spiral.By IBISWorld Analysts Caitlin Moldvay & Douglas Kelly After taking a beating during the recession, economic indicators are slowly returning to normalcy. Per capita disposable income, corporate profit and consumer sentiment are all returning to growth while unemployment abates from its peak of 9.6% in 2010. Despite the gradual recovery, not all industries are finding relief – in fact, some are pushing daisies. IBISWorld has identified a list of dying industries, defined