WSJ.com, WSJ Bogs - Real Time Economics
By Phil Izzo
March 28, 2011
The U.S. Economy is recovering from a severe recession, but some industries are unlikely to ever fully bounce back.
A new analysis by research firm IBISWorld looks at 10 industries that appear to be dying. The list isn't exactly shocking, but it represents a mix of sectors that are being left behind by technology or have been hurt by cheaper overseas competition.
The biggest industry profiled by IBISWorld is wired telecom carriers, largely being supplanted by cell phones and the internet. The dominance of the Web and digital media also puts Newspaper publishers, record stores and video-rental companies on the list. Meanwhile photofinishing also takes its place among the top 10 dying industries thanks to the growing influence of digital photography.
to read the full article, and see the rest of the top 10... click here.
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