With the worldwide economic recession, most small businesses believed they were going to do worse than they ever have, until a financial information company, Sageworks proved otherwise. The company has recently founded industries, which have grown at double-digit rates over the past year. The top industries with the highest growth rates include:
- Oilseed and Grain farming
- Building finishing contactors
- Real estate agents and broker offices
- Architectural, engineering and related services
What the following article did not disclose however, was why and how these industries are still growing despite the economic recession. I personally believe it is primarily because they are necessary to human life as the industries involve food and shelter. As populations continue to grow exponentially, the following industries will always be needed. Unlike most small businesses, the following industries do not produce or distribute only luxury goods and services; no matter what social or economic class consumers are, they still have a need for food and housing services, which allows the small businesses to still thrive in the harsh economic environment.
http://www.forbes.com/sites/sageworks/2013/10/20/fastest-growing-small-businesses-sageworks/