Best 25 Industries to be in
This blog entry was posted on September 8, 2008.
Fortune magazine analyzed and ranked the Fortune 500. The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 American public corporations as measured by their gross revenue. Fortune Magazine categorizes these 500 businesses into 52 industries.
We took their 2007 data for revenue growth, profitability, return on assets and revenue per employee to create our own best industry list. For businesses selling B2B, these industries that are thriving are ideal targeted customers during tough economic times. The top 25 thriving industries are:
- Network and Other Communications Equipment
- Mining, Crude-Oil Production
- Real Estate
- Oil and Gas Equipment, Services
- Pharmaceuticals
- Medical Products and Equipment
- Securities
- Petroleum Refining
- Household and Personal Products
- Commercial Banks
- Internet Services and Retailing
- Wholesalers: Health Care
- Engineering, Construction
- Wholesalers: Diversified
- Entertainment
- Railroads
- Food Services
- Financial Data Services
- Metals
- Wholesalers: Electronics and Office Equipment
- Aerospace and Defense
- Industrial and Farm Equipment
- Health Care: Insurance and Managed Care
- Chemicals
- Insurance: Life, Health (stock)
The 5 worst industries to be in are:
- Homebuilders
- Diversified Financials
- Semiconductors and Other Electronic Components
- Motor Vehicles and Parts
- Home Equipment, Furnishings
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