March 29, 2011

Dying industries

A new analysis by research firm IBIS World looks at 10 industries that appear to be dying. The list isn’t exactly shocking, but it represents a mix of sectors that are being left behind by technology or have been hurt by cheaper overseas competition.


The full list is below:
Sector Revenue 2010 (in millions) Decline 2000-2010 Forecast Decline 2010-2016 Establish- ments 2010 Decline 2000-2010 Forecast Decline 2010-2016
Wired Telecommunications Carriers $154,096 -54.9% -37.1% 23,474 -10.5% -15.9%
Mills $54,645 -50.2% -10.0% 9,553 -23.6% -12.8%
Newspaper Publishing $40,726 -35.9% -18.8% 6,128 -28.6% -17.6%
Apparel Manufacturing $12,800 -77.1% -8.5% 2,265 -60.5% -11.3%
DVD, Game & Video Rental $7,839 -35.7% -19.3% 17,369 -34.8% -11.2%
Manufactured Home Dealers $4,538 -73.7% -62.0% 3,968 -56.7% -58.7%
Video Postproduction Services $4,276 -24.9% -10.7% 1,789 -43.2% -37.8%
Record Stores $1,804 -76.3% -39.7% 2,916 -77.4% -11.6%
Photofinishing $1,603 -69.1% -39.1% 7,083 -59.3% -33.3%
Formal Wear & Costume Rental $736 -35.0% -14.6% 2,310 -28.5% -17.0%
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