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IPFS News Link • Economy - Economics USA

The 10 Most Troubled Industries In America

• http://www.businessinsider.com, Lucas Kawa
 Kevin Boyland and Anna Son at IBISWorld released a report highlighting ten U.S. industries with limited growth prospects.

Even as the economic recovery continues, these industries aren't likely to be losers.

Click Here To See The Industries >

U.S. GDP growth is projected to be 1.8% per annum from 2012 through 2017, which is higher than forecasted revenue growth for any of the at-risk industries over the same period.

Threats faced by these industries include:
 
High competition from substitutes and low-cost imports; Decreasing demand; Market saturation; Technological stagnation; and Declining life cycles.

Though a majority of these industries will recover in the long term, for some the death knell has surely been rung.