Even in a tough economy, not all sectors will be suffering. According to graphic arts industry expert Vince Mallardi, there are still some blossoming branches in the economic tree, with fruit ripe for the picking. While this research focused on print purchases, the outlook for these categories is likely to be positive across a wide variety of purchases.
Packaged foods $777B, up 11%, Beverages $366B up 4%, and Food Service $691B up 5%.
Travel & Hospitality especially close to home “stay-cations” $760B up 1%, Gambling/Wagering $797B up 7%, and Fall Fashion $567B up 12%.
Freight/Logistics $624B up 9%, Computer Software $434B up 23% and Telecommunications $1.02T up 9%. And if that’s not enough, here’s an old standby: Banking/Insurance $3.2T up 7%.
So before we all go hang ourselves, let’s not forget how dynamic and resilient our US economy can be. If you have something of value to sell, get out there and scare up some business!
A plug to the author, who is a long time, well respected expert: you can buy the full report at the PBBA website.