27 Mar, 2009
Which Industries will Recover First?
Posted by: Singapore Entrepreneur In: Strategies & Tips
The chart below by McKinsey shows which industries picked up first in past recessions. According to the McKinsey article) it also shows that what we are going through now, although claimed to be “unprecedented” by the media, is actually very similar to previous recessions.
The more important thing for the entrepreneur though is- are you poised for take off by the end of the year and what should you do in light of these patterns? Do the patterns even mean anything (keeping in mind the black swan theory: why forecasters are con-artists)? 
Recent Comments