5 dying (and 5 thriving) industries

As the economy shakes off the effects of the Great Recession, some sectors are being left behind by the new realities. Others, however, are getting a big boost.

 of 12
 of 12


Nov 25, 2012 7:58PM
and... (I haven't read far!)... it costs more to repair the old one than to purchase a new one!... I had a Sears person try to sell me a warranty on my old one, then they'd use the warranty to repair it (it was indeed just a few days out of warranty)... well.. the warranty cost more than a new one from them.. or from the GE dealer down the street... the deal from Sears reeked of being crooked.. so I bought the GE...
Nov 25, 2012 7:55PM
Hot Sauce as a thriving industry. Let's move some more jobs overseas, really good hot sauce is made in Thailand and about every other Asian country. I sure this industry will stay in the USA and create a multitude of high paying jobs with medical benefits and great retirement packages. 
Nov 25, 2012 7:54PM
I am reading the comments here and I guess I should not be surprised that most of them like reading communist manifesto (crack down, population growth, government regulations etc. ) If you just care to look at history (recent) you would learn that most of the massive problems are created by big government and regulations. You do not have to look far. Spain with zero growth 25% of unemployment and population in decline. I immigrated here to avoid all of that ( since USA is  still the best,  but with the Chicago crooks in power it will not be for long). Just let the Capitalism work. Wake up America since Greece or Spain is just behind the door. 
Nov 25, 2012 7:52PM

the reason msn put solar as a growing and upcoming industry is because they think Obama and his EPA thugs will successfully be able to shut down the oil and natural gas boom that is going on right now in this country because its all on private land. We have developed a new type of drilling called hydraulic fracturing which will allow us to overtake the middle east in oil production and be close to number 1 in natural gas production very shortly.  We have enough oil and nat/ gas within our borders to supply our country for 200 years and this is just proven reserves, as we explore more we will find even more.  My prediction is Obama will shut this down, we will be driving smart cars and bikes, I hope my prediction is wrong

Nov 25, 2012 7:45PM
The appliance guy is on the way out because he or those he works for or both are dishonest.  Every time my frig goes out they come out and it is always the most expensive item--the compressor.  I once unplugged a connection to see what they would say.  Sure enough $800 for replacing the compressor. While he was there I plugged the line back in and asked him why he tried to cheat me.  He just packed up us stuff and left.  I sometimes feel that they do not want to fix anything they just want that $75 diagnostic fee.  
Nov 25, 2012 7:40PM
We can't make our own clothes but we make an extensive line of hot sauces?  That's sad.
Nov 25, 2012 7:34PM

Handyman by trade here. You will be amazed how many guys can't change out a toilet, put up a ceiling fan, paint a room etc.

The problem is the cost to repair, parts as well as labor, which can easily come to a third or a half of the cost of a new appliance.  So, rather than repair, with no warranty, people chose to replace, knowing full well that if something else fails after the first repair, it is simply more expense.  Repair companies are charging more and more,  yet somehow  almost 50% of Americans to get along on minimum wage,   Combine this with  planned obsolescence, or use of cheap parts designed to fail after the warranty period,  as well as repair costs of 60 to 80.00 an hour for repairs, plus parts which run four or five times as much to the homeowner,  as the cost of that same part to the manufacturer when the applicance was  first assembled,  no wonder appliance repairmen are a dying breed. 
Nov 25, 2012 7:27PM

I get tired of hearing people complain about jobs going overseas. When was the last time any of you complainers actually looked at where a product is made and you didn't buy it if it was made in China. Stop buying that crap and if it sits on the shelf the stores will get the message.


I look in my local  grocery store and  see tilapia, farm raised in China. Shrimp, farm raised in vietnam. Can you imagine how polluted those countries are. I buy mine from the Pacific NW. Costs a little more but I know what I get and it supports US fisherman. I am retired living on a fixed income so don't think that I purchase US because I'm  well off. Stop complaining and make a difference.

Nov 25, 2012 7:11PM
Some liberal fool was saying how Walmart was at fault to only offer $11/hr for work and who could live on that? This is the union/liberal mentality that is killing this country. If one took the job than I guess it wouldn't be enough but the fact that lots of people will work for that means it isn't too bad. HS screw ups who are lucky to graduate or don't graduate and find out they have no job skills or smarts gravitate towards UNIONS. Once they start working they think they all should have FLAT SCREEN TV's, new cars, and go out and have a bunch of kids and wonder why they are having problems. I asked a UAW member once what he thought he should be paid when he was continually complaining about what he made and h gave me a # 4 times what he actually made. When I asked him what he thought we would have to sell our product for if everyone made that amount  he said he didn't know but that was managements' job to figure. He was a terrible employee and I would have fired him if it weren't for the union and the union was too stupid to understand how employees like him hurt all of our incomes.
Nov 25, 2012 7:10PM
I'm always using the shoe repair guy here in W Des Moines. He has fixed, stretched and repaired my purse, luggage and figure skates not to mention fixed the zipper on my boots. I have that inexpensive fashion crap that is passed off as "good" stuff. 
Nov 25, 2012 6:58PM
Solar panels a thriving industry.  Well, yes if the government subsidized the shoe manufacturers, the clothing industry, and appliance repair shops the way they subsidize solar panels they would be thriving too.  They're thriving thanks to our taxpayer dollars - nothing else.
Nov 25, 2012 6:53PM
It's cheaper to buy a new appliance, an example of this was a few years ago my 4 year old dryer needed a new piece connected to the drum, to buy that piece was $250 plus labor, instead I went to Lowe's and bought a new dryer for $300. I'd prefer to fix what I have it just doesn't make economical sense. I am still using my 1954 Westinghouse refrigerator, and I'm sure that a fridge that has been bought today will be broke and scrapped long before mine thats over half century old.
Nov 25, 2012 6:45PM
As I agree with most of these guesses. I would like to say that no American Soldier should march off to duty in any foreign made goods.
Nov 25, 2012 6:41PM
Used to be that appliance repair shops would charge you a certain amount up front for a bench fee and would then deduct that cost from the bill total. Say you paid a $30 bench fee and your total came to $80, you would only owe an additional $50. Now days they want the bench fee whether they find anything wrong or not and then charge you the additional labor and repairs. F**k 'em.
Nov 25, 2012 6:35PM

I called Sears appliance repair, as our refrigerator had died. It was a Kitchen Aid, which is Whirlpool & Maytag as well.

My previous refrigerator was a Kenmore, which is also Whirlpool. My Kenmore refrigerator's compressor died @ 5 years, which is when the warranty expired. I paid to replace the compressor, which was about $400-$500 at the time.

Planned obsolesce, if there was a 10 year warranty on the compressor, it would've died right after 10 years.

So after it died 5 years later, I decided to get a Kitchen Aid. I was hoping for something which would give me more life than 5 years. Then I find out it is just Whirlpool with a different logo. So 5 years later the Kitchen Aid refrigerator dies.

My wife calls Sears repair & they tell us then cannot come out for a week. With kids I cannot wait a week for repair, so the next day we went out & purchased a new refrigerator.

I want to buy American, but when companies like Whirlpool decide to build stuff which only last 5 years I will buy products from foreign companies. This time we purchased Samsung, as I am hoping to get longer service life than I have gotten from Whirlpool. This planned obsolesce was what American car manufacturers did, look what it did for Toyota & Honda today. The American manufacturer's greed is killing American jobs, by alienating the American public from purchasing their products.

If you build quality, then people like myself will remain loyal to a brand. I will never purchase another Whirlpool, Kenmore, Kitchen Aid or Maytag product again. I am looking for value by having products which last, then when they break you don't mind repairing them.

Nov 25, 2012 6:34PM
Does working for MSN count as a dying industry?
Nov 25, 2012 6:28PM
Thriving industry: spending beyond our means. Dying industry: fiscal discipline. Thrving industry: food stamps. Dying industry: incentive to work. Thriving industry: eveything for free. Dying industry: the reality that nothing is for free. Thriving industry: losing freedom Dying industry: regaining freedom. Thriving industry: presidential giveaways. Dying industry: contractual integrity. Thriving industry: health care. Dying industry: health care. Thriving industry: big government. Dying industry: essential government. Thriving industry: EPA Dying industry: business.

too amy people want to cry and complain about how the mechanics who have over $100,000 in tools invested to work on the over priced fashion statements people drive are too expensive,


the mechanics didn't design the pieces of crap,


they only know how to fix the obsolete crap the consumers have bought,


it's the clowns who get the millions at the top who made the decisions to create job security for themselves that makes the consumers either need to buy a whole new product or pay as much for the part to fix the existing product as the cost of the product costs new.


the only problem with employment in the US is that serving a purpose in this country has been the biggest dying breed,


too many people cry and complain the most about the construction workers, the auto mechanic and any other trade that the people in those trades are too expensive while having far more invested in working in anyone of those trades than the clowns with the so called higher educations they have only 2, 4, 6 or at the most 8 years of drunken dorm and spring break parties to claim to be worth more than $100,000 a year before they even fart in the expected posturepedic chair playing on their ergonomic keyboard in their cushy little offices,


and now the country has every corporation doing everything possible to back out of the financial obligations to the people who have made the corporations the clowns in charge have pillaged for the millions they have gotten over the years,

the whole time claiming the reasons why the corporations are bankrupt is because of the workers who actually made the companies expecting too much.

Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.


There’s a problem getting this information right now. Please try again later.
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market finished the Wednesday session on an upbeat note with the Nasdaq (+1.3%) ending in the lead. The S&P 500 settled higher by 1.1% with all ten sectors posting gains.

The benchmark index spent the entire trading day in the green, rallying to new highs during the last hour of action. The tech-heavy Nasdaq, meanwhile, briefly dipped into the red during morning action, but was able to recover swiftly.

Stocks began the trading day with modest gains ... More


There’s a problem getting this information right now. Please try again later.