These industries sell and make products that all people
use. Cars will still need repair and hospital visits are unavoidable.
Medical Services / Health care
Necessities: food/grocery stores/chains
Home & vehicle repair & maintenance
Energy: Electric, Oil, Gas
Security/Alarm services companies
Vices: Tobacco, liquor & pornography
more information on recession proof industries: RECESSION
Recession-proof Jobs & Careers
The U.S. Bureau of Labor Statistics has historically shown teaching to be relatively
Jobs related to oil and gas, alternative
energy and even nuclear are likely to see strong growth
Almost half the 30 fastest growing occupations are concentrated in health
services -- including medical assistants, physical therapists, physician assistants,
home health aides, and medical records and health information technicians -- according
to the U.S. Bureau of Labor Statistics.
Good language skills and knowledge of other cultures and an ability to work in
another country will land you a good job.
There is a huge and growing industry geared towards greening the earth
a 'recession proof' job in criminal justice & security and enjoy great medical
benefits & high salaries.
Criminal Justice Degrees
a degree in criminal justice or
security online in your free time.
Search for the perfect online program to suit your lifestyle & time constraints.
Criminal Justice, Public Safety, Info Security, Homeland Security and more.
corrections and border security will always be a good career bet. For
more information on recession proof jobs: RECESSION
PROOF JOBS .COM Recession-proof
People will still get sick in a recession and have need for heathcare
People will still have the need for funeral services
and other related businesses.
Food Related Businesses:
still need to buy food in a recession
still break down, tvs will need repair, roofs will leak, etc.
Fewer jobs mean more people looking for them.
Even in a recession taxes still need to be paid.
For more information on recession
proof businesses: RECESSION
PROOF BUSINESSES .COM
Investments Buy at
least two index funds
Buying stocks in index funds assures that you have
bought a small portion of almost every stock and bond with a good financial history.
Invest a set amount every month
Every month set aside a portion of
your money for investing. invest every single month without worring about the
gains and loses of the everyday market.
Limit the number of times you check
on your funds.
These are long term investments and the weekly ups and
downs in the market might tempt you to sell.
Do not take money out of the
These are investments not cash reserves to be used for cars
if you can
If you get some extra cash invest it in the fund that has done
the worst. This way you will get more stock for your buck and will be buying low
in hopes of it rebounding in the future. For
more information on recession proof investments: RECESSION
PROOF INVESTMENTS .COM Recession
History in the United States
Depression (1929 to late 1930s), stock market crash, banking collapse in the United
States sparks a global downturn, including a second but not heavy downturn in
the U.S., the Recession of 1937. Durations: 43 and 13 months respectiviely.
Recession of (1945) Duration: 8 months
Recession of (1948 - 1949) Duration:
Post-Korean War Recession (1953 - 1954) - The Recession of 1953
was a demand-driven recession due to poor government policies and high interest
rates. Duration: 10 months
Recession of (1957 - 1958) Duration: 8 months
Recession of (1960 - 1961) Duration: 10 months
Bond Inversion of (1965
- 1967) no recession materialized
Recession of (1969 - 1970) Duration: 11
1973 oil crisis (1973 - 1975) - a quadrupling of oil prices by OPEC
coupled with high government spending due to the Vietnam War leads to stagflation
in the United States. Duration: 16 months
1979 energy crisis - 1979 until
1980, the Iranian Revolution sharply increases the price of oil
(1981 - 1982)
Duration: 16 months
Early 1980s recession - 1982 and 1983, caused by tight
monetary policy in the U.S. to control inflation and sharp correction to overproduction
of the previous decade which had been masked by inflation
Depression - 1980 to 2000, general recession in commodity prices
recession - 1990 to 1992, collapse of junk bonds and a credit crunch in the United
States leads to one quarter of US GDP decline, and therefore not an official recession.
Japanese recession - 1990 to 2003, collapse of a real estate bubble and more
fundamental problems halts Japan's once astronomical growth
crisis - 1997, a collapse of the Thai currency inflicts damage on many of the
economies of Asia
Early 2000s recession - 2001 to 2003: the collapse of the
Dot Com Bubble, September 11th attacks and accounting scandals contribute to a
relatively mild contraction in the North American economy. Since the US GDP never
actually declined in this period it is not considered an offical recession. (Wikipedia)
New York Times
THE ECONOMY: IS A RECESSION ON THE WAY?;
PORTENTS OF TURNS FOR THE WORSE-OR THE BETTER
ROBERT D. HERSHEY JR. November 29, 1987
LEAD: EVER since the Oct. 19
stock market collapse, most analysts have been saying that the economy would slow
down as a result, perhaps enough to send the nation stumbling into recession.
They argue that consumers, who account for two-thirds of the gross national product,
have lost both wealth and confidence and will pull in their horns accordingly.
EVER since the Oct. 19 stock market collapse, most analysts have been
saying that the economy would slow down as a result, perhaps enough to send the
nation stumbling into recession. They argue that consumers, who account for two-thirds
of the gross national product, have lost both wealth and confidence and will pull
in their horns accordingly. Business executives could also dampen the economy
by deciding to scale back production or to carry smaller stocks of goods.
can we tell what's ahead? A discussion follows of some of the broad economic issues
of the day and of statistical indicators that in coming weeks might show if a
Question. The stock market is said to be one of the more
reliable predictors of business conditions. Does it determine as well as forecast?
Answer. It could, but it doesn't have to. Whether we get a recession depends
mainly on the psychological reaction to the market shock. A reduced ability to
buy, though important, is clearly a lesser factor.
Q. If people cut spending,
doesn't that mean they save more? Wouldn't that be just what is needed?
In the short term, a sharp cut in either private or public spending would almost
certainly produce recession. Even some of the staunchest supporters of President
Reagan's push to reduce government are warning against too rapid a cut in the
In the long term, however, most economists agree that
the United States does need to save more and consume less. Ultimately, the American
standard of living depends on the nation's productivity and this can't be increased
without huge investments in new technology, training and other things that allow
us to use our resources more efficiently.
Q. If the big worry now is recession,
what are the early signs?
A. The Commerce Department's monthly Index of
Leading Indicators, which next comes out Tuesday, was designed as a sort of early
warning system. And it has proved useful, though in recent years it has come under
attack. Some experts say some of the 11 components of the index are obsolete.
For example, ''vendor performance,'' or the percentage of companies reporting
slower deliveries from suppliers, is less significant now that many companies
find it more efficient to keep stockpiles lean. But other components, such as
new orders for consumer goods, remain closely watched.
Q. Retail sales
seem to have held up pretty well since stock prices plunged. Isn't that reassuring?
A. Not entirely. Although the stock collapse was indeed attention-getting,
consumers may need time to fully recognize their new situation and to put any
needed spending curbs in place. Some people, for example, have not yet received
a mutual fund, profit-sharing or other occasional financial statement since the
plunge. They may be sobered when they do. Many economists are waiting anxiously
to see how the Christmas shopping season goes.
Q. But it is good, isn't
it, that the Federal Reserve has responded to the drop by pumping more money into
A. Most economists think this was an essential step, one that
has, in fact, helped bring interest rates back down. The danger, of course, is
that the Fed will overstay this policy and that the extra money will revive inflation,
driving interest rates up again and slowing business activity. It takes some months
for a definite trend to show up in, say, consumer prices, and by then severe damage
may have been done.
Q. How can one tell what the Fed is up to?
Watch the interest rate on Federal funds, which are overnight loans among banks.
Check Friday's newspaper to see how much the banking system is being forced to
borrow through the Fed's discount window. Higher rates suggest a tighter Fed policy.