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.

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VIDEO ON MSN MONEY

470Comments
Nov 15, 2012 5:38PM
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"Thriving: Solar panel manufacturing"
 
Guess this left sided writer didn't hear the news...
 
Solyndra:  BILLIONS lost, bankrupt and broken
 
BTW for all those interested, solar panels ONLY work when the sun is shining.  Take for example those solar lanterns on the "greeners" (as I like to call them) lawns.  If it can't make it 8 hours (overnight) on a charge, how are solar panels on your roof supposed to power things that guzzle more energy like refrigerators, washers, dryers, tv's, game systems, computers, etc.
 
There is a reason that Solyndra failed skip.  SOLAR ENERGY IS A FAILURE in itself.
 
Just saying...
 
Sincerely,
 
A dis-satisfied customer and voter.
 
Nov 15, 2012 5:25PM
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If Solar Panels are thriving why is it that Obama has cost thge country over a billion dollars backing this losing proposition. China he keeps saying I don't believe it. It hasn't been perfected yet, and has a long way to go. Loser!!
Nov 15, 2012 5:15PM
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Only industry i have seen thriving (in my area) is the Massage Parlor's - I guess unemployed have to get relaxed any way they can.
Nov 15, 2012 5:12PM
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well, try going without shoes for a day before you take them for granted!
Nov 15, 2012 3:46PM
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What about guns? Look at Smith & Wesson's stocks, they're higher than they've ever been. We can all say thanks to Mr. Obamanation, currently the best gun salesman in the world. HAHAHA Not to mention micro-markets like wood cuttin' and pig pimping are growing at astonishing rates.
Nov 15, 2012 3:44PM
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We have become a country of meaningless jobs, no one is going to invest here with the current adn new Government regulations used to be you could work part time up to 37.5 hours now it's 28 how are people supposed to survive on part time hours thanks Barry !
Nov 15, 2012 3:08PM
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This article and most people confuse outsourcing with relocation.  Outsourcing does not mean a job goes to another country, that is called relocation.  Outsourcing is using another industry like courier services or transcribers to help your business grow.  
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I bought Westinghouse solar (WEST) before they were WEST and now they are down to $0.09 a share and being bought by an Australian company.   Hopefully the US $8.2 billion projected increase in industry revenue will bring my stock price back to where I bought it.  This will probably happen in about 40 years.!!!   MSNBC is another outlet to run a blocking route for this President's magic show.   Hot sauce anyone? 
Nov 15, 2012 1:51PM
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Appliance repair decline is a result of consumer choice?  Give me a break.  The designs of today are designed to break (a day after warranty).  How is a modern appliance energy efficient if it breaks down in 3yrs?  There should be an environmental crackdown on this segment of industry.  Maybe someday we'll have products that are worth fixing.
Nov 15, 2012 1:29PM
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Interesting how they ended with a so called "thriving" industry that just so happens to coincide with the presidents agenda.  
Nov 15, 2012 1:20PM
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"The federal government seems dedicated to reducing America's dependency on fossil fuels and has offered support to solar panel developers to help them..."  - Can anyone say SOLYNDRA!
Nov 15, 2012 12:53PM
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All of these listed "dying" industries have been dying for decades.  MSN is just now catching on? 

 

Of the "thriving" industries, two aren't.  There has been a glut of solar panels on the market for at least two years, which may be good for driving prices down and finally making solar panels approach practicality but isn’t good for the manufacturers.  Yoga and Pilates studios, along with other fitness gyms, have short lives and keep closing. 

 

But I suppose MSN will rerun this article again in a couple years.  It just won’t be any more accurate then than it is now.

 

Nov 15, 2012 12:41PM
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America is going to ****!!!!!!!!!!!!!!!!!!!!!!!!!!!
Nov 15, 2012 12:39PM
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It is easy to see why the US economy is in such bad shape; all of the manufacturing that created jobs is gone.  We need to either invest in industries that create jobs or instigate strict population growth control or there is no way out of this mess.  Service industries will never create jobs fast enough to outpace population growth especially with a continued influx of people from other countries.
Nov 15, 2012 12:22PM
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Wow, how sad is that?   A real sign of the times when good jobs are replaced with jobs
that mean nothing.

Nov 15, 2012 12:21PM
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According to Forbes on 11/14/2012  "Solar Stcks fading into the Sunset"  But hey MSN is more up to date.
Nov 15, 2012 10:34AM
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another fluff "people magazine" style article.....
Nov 15, 2012 7:30AM
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Yeah, yoga and pilates are going to be an economic force. Anything to fill space, MSN?
Nov 15, 2012 4:39AM
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How old is this segment?  Apollo Group (U of Phoenix and some others) have made huge cuts in the last few weeks.  Apollo has closed 50% of the U of Phoenix sites and laid off 800 workers!?

 

One of the "Thriving" industries?  Who is the expert behind this?  And can I then believe any of the rest of this?

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