New Money

The 20 Worst-Performing Industries of 2008

By Katy Marquardt

Posted: December 18, 2008

Industry trends tracker Sageworks just released a list of the worst-performing industries over the past 12 months, measured by sales growth:

  1. Sawmills and wood preservation
  2. Lumber and other construction materials merchant wholesalers
  3. Offices of real estate agents and brokers
  4. Activities related to credit intermediation
  5. Cement and concrete product manufacturing
  6. Motor vehicle and motor vehicle parts and supplies merchant wholesalers
  7. Taxi and limousine services
  8. Nondepository credit intermediation
  9. Florists
  10. Other wood product manufacturing
  11. Building material and supplies dealers
  12. Furniture stores
  13. Furniture and home furnishings merchant wholesalers
  14. Veneer, plywood, and engineered wood product manufacturing
  15. Drycleaning and laundry services
  16. Drugs and druggists' sundries merchant wholesalers
  17. Residential building construction
  18. Radio and television broadcasting
  19. Ship and boat building
  20. Automotive equipment rental and leasing
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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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