What Will Go Up In A Down Economy?

47 sec read

What will go up in a down economy? When the budget gets tightened, what items keep their spot on the shopping list? Even as signs of another impending recession loom on the horizon, there are simply some businesses that do better than others when the economy takes a downturn – here’s how they manage it. During the Great Recession, beauty products and cosmetics outperformed the wider market by 45%, with sales increasing even though the last three recessions in the US alone. Alcoholic beverages also seem to do well amidst economic turmoil as sales actually increased by $2 billion over…...

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Brian Wallace Brian Wallace is the Founder and President of NowSourcing, a leading infographic design agency in Louisville, KY and Cincinnati, OH which works with companies ranging from startups to Fortune 500s. Brian has been named a Google Small Business Advisor for 2016-present.