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

464Comments
Nov 26, 2012 12:56AM
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Hispanics are consuming all that hot sauce.
Nov 26, 2012 12:51AM
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Flawed list and reasoning.
Clothing Manufacturing? That was gone years ago see India, pakistan, China, Thailand.
Appliance repair revenue down? No, the Mfg reduced their warranties to mainly 1 full year. The actual loss would be 10% but more people are fixing what they have versus buying new. Check appliance sales from the top 10 over the past 5 years.

Thank you MSNBC for your rear reporting.

Nov 26, 2012 12:49AM
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Tv repair is in the same boat !!  People just buy the cheap disposable crap from China
Nov 26, 2012 12:44AM
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Clothing industry is a fric***g joke.  In the day, you went and purchased a name brand item and 15 years later when the style returned you could take the item out again and wear it every other day again for years.  Now this new crap they call clothing made in china, your lucky if you can get to wear it through 3 turns of washing in the washing machine.  Ever since clothing has been outsourced the industry has gone to hell in a hand bag.  People used to spend many hours on the sewing aching taking pride in making clothing and home made blankets, dresses, aprons, skirts, blouses, pants, now forget about.  Even if you have the big $$$$ and spend for clothes it is just not the same.  Designer label right, cheap, unskilled labor (irregulars) just excuses for clothes.  It is sad what people are paying for clothing these days and even sadder seeing how short the life span of the article is.  I really prefer to shop in thrift stores, not just because of the price but because of the quality.  Just as the handy man error is fading same goes with home made clothing that people took pride in making.  Don't even get me started on the junk they call computers.  How very sad for those of us that have been around for a while and have comparisons.  Bring back manufacturing to the US and screw ch**a and all other places of outsources.  Hells, bells I should have run for president, there would be no unemployment and no deficit cause we our country would be producing for our country not every frigin country other than us by outsourcing and leaving us unemployed .  What has happened to the people running this country??
Nov 26, 2012 12:44AM
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More proof that you can't believe everything you read.  I don't know anyone who has the money to purcase high dollar items without using charge cards.  Things are cheaply made today.  I've been wanting to buy a new sewing machine (approx $400) but the guy who services my machine told me that they are all made of plastic and they don't last. He suggested I just keep mine as it is made of metal. 

Nov 26, 2012 12:24AM
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Generic drug manufacturers are increasing their profits mostly by buying up competitors and then raising prices, sometimes ten-fold or more.  As a pharmacist, I see this lack of real competition as the real reason for the huge increase in prices of many generic drugs.
Nov 26, 2012 12:19AM
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yes, Dee7717 well put.  I don't like buying new stuff all the time because it's built do fail.  As if we need to be filling our dumps with more junk than it already comes wrapped in.  And those cheesy overseas shoes? More junk.   Americans prefer to buy new? Hmm, maybe because we're just a tad spoiled, too?
Nov 26, 2012 12:04AM
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Slar panels, pilates, For Profit Colleges, Hot Sauce and Generic Drugs.

I dont know about the rest of the readers and the solar panels is actually inaccurate becuse they have been heavily goverment subsidized while still losing money.But can you imagine anyone even posting these industries as credible profit oppurtunities for the American Public. I mean come on is this what we have come down too.

 

Drugs, hotsauce,polates, Soar Panels and For Profit Colleges (hint over a trillion dollars in non paid student loans)

 

Sounds more like a Saturday Night Live Skit

 

Nov 25, 2012 11:49PM
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****!   This green freaking panel production is going overseas....   Go back to the clothing industry... outsourcing....   why is the green world different?  It isn't.  This is a padded arena sucking up tax dollars for failure.
Nov 25, 2012 11:38PM
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Outsourcing, both foreign and domestic, are huge problems that take an economy downhill. It is a fact that, while overseas labor is cheap, it is NOT more efficient. The costs are approximately the same when you consider that overseas workers are not as fast at production as Americans. It ends up costing about the same for the labor. Then you add in the additional transportation and you have a bigger problem. 
Domestic outsourcing is just that- giving jobs here to illegal immigrants. Apart from being inferior quality, it is also illegal, although many people couldn't care less who it hurts, as they care more about getting it done cheap rather than right. 
Don't believe my comments? Look it up. 
Nov 25, 2012 11:35PM
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Apollo group thriving? That's a farce. They closed the ground campus here, stating enrollment has taken a nosedive this year. As I heard, 25 other campuses have had to close as well. Get your facts straight first, people.
Nov 25, 2012 11:17PM
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Yoga and Pilates ? Hot sauce manufacturer ?
Where are the real jobs ?  This was clearly put together by someone who has never known honest labor.  Trends and fads ? That is our future ? Pathetic attempt at creating news.....nothing to see here.

Nov 25, 2012 11:06PM
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MSN are you reading this?  You are a joke and the comments prove it.  SOLYNDRA and U of PHOENIX?  Really?
Nov 25, 2012 10:55PM
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STOP SENDING OUR JOBS TO OTHER COUNTRIES TO MAKE AT A LOWER PAY TO MANY FACTORIES IN THE STATES THAT CAN BE RESTORED TO GIVE PEOPLE JOBS SENDING OUR JOBS OVERSEAS TO SAVE MONEY FOR PEOPLE TO LOSE THERE JOBS IS NOT THE AMERICIAN WAY TAKE CARE OF HOME FIRST REBUILD HERE WERE WE LIVE BIG COMPANIES WORRY ABOUT THERE POCKETS NOT ABOUT THE WORKING CLASS

 

Nov 25, 2012 10:48PM
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Regarding the dying shoe industry, the American-made Allen Edmonds shoes (Allen Edmonds sells some that are not made in Wisconsin and you need to find out which are the ones that are manufactured in the States) are still some of the best footwear money can buy.  While they are not cheap, they fit well and last for years and years with proper care.  There are other top-quality American manufacturers, and the ones who still make high-end products in the United States deserve our patronage.  By buying U.S. goods, we help keep American workers on the job.
Nov 25, 2012 10:47PM
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Maybe in california,but not anywhere else.  Hot sauce good and shoe manufacturing bad???   You have got to be kidding.  
Nov 25, 2012 10:45PM
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the amazing, amazing and sadly interesting part as how many readers take this information seriously. all this information has the validity of any cheap rag---inquiring minds want to know--and shame on anyone that gets their information through fluff like this. if you really want to know what is going on in your part of the world, get involved in your community. not just with your fingers typing out an addition to the endless list of mindless complaints, but get involved, get active, make a difference. complaining is like rocking in a rocking chair. you're doing something, but you're not getting anywhere. if you are going to complain, then make sure you have something to offer besides your whining.
Nov 25, 2012 10:44PM
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Products aren't made in the US like the used to. Nothing lasts and the ones that do when they break are cheaper to buy than to repair.  It is not that us consumers prefer to go buy over repairing, it is simply the customer of replacement is cheaper than repairing. I have a Nikon S8000 which I paid over 250 for it at Costco and now it is not working (over 3 yrs old)  My Dad bought yesterday at Costco an S6300 I believe which has the same 10x zoom, but his is 16mp where mine is 14mp. He paid 120 plus taxes. How much do you think the eval will cost me on my Nikon?


I have a Sony Handy Cam that needs repair and a Canon All in one printer/scanner fax.  To buy a new all in printer now a days it's 49.99 plus taxes regardless if it's HP, or Canon.  Including shipping and repair evaluation, Do we all think it will be 25.00 to make the repair worth my while?

What is worse is that be dumping items that could have been repaired we are creating a lot of landfill issues and having a worse environmental impact that we can ever imagine.

Nov 25, 2012 10:43PM
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THE biggest American manufacturing success story lately has been the firearms industry.  Ruger, Remington, Smith & Wesson and others have grown by 30% or more.  Funny MSN seems oblivious to this.
Nov 25, 2012 10:26PM
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I suppose you choose to ignore the firearms manufacturing industry..which has been BOOMING since late 2008. Most companies are running 24/7. Ammo companies are also struggling to keep up with the demand.
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