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Read an Article on Recession Proof Industries,
By Paul | March 30, 2009
Three that caught my eye.
“Condom Makers
Whether for at-home entertainment or to try to stave off the cost of a baby in trying times, condom sales rose 6 percent in January from the year before. “If people don’t have the money to go out to a fancy dinner or are looking to cut back, Trojan gives them some real affordable ways to stay in and make some great memories together,” Jim Daniels, Trojan’s vice president of marketing, told USA Today.
Chocolate
Hershey’s, the largest North American chocolate manufacturer, increased earnings by 51.4 percent in the fourth quarter. That’s partly because of cost cutting and ad campaigns, but it helped that sales rose 2.6 percent. Overall, sinful sweets seem to be faring well in the recession. The British Cadbury company, which sells both chocolate and goodies like Trident gum, found its annual profits up 30 percent in 2008. And market research firm Mintel predicts that the chocolate market will keep growing throughout the recession. Analysts say that, like the oft-quoted “lipstick index,” rising chocolate sales show that when Americans are cutting their spending elsewhere, they feel more entitled to small indulgences.
McDonald’s
Waistlines won’t thin along with wallets if sales figures at the nation’s biggest fast-food chain are any indication. McDonald’s same-store sales in the United States rose 6.8 percent in February 2009. But not all cheap eats have prospered. Sales at the pricier Arby’s dropped by 8.5 percent in the fourth quarter, slamming the Wendy’s/Arby’s Group with a $393.2 million loss. Pizza chains also have been hit, with same-store sales falling 3 percent in the fourth quarter at Domino’s and 1 percent at Pizza Hut.”
Copyright – www.yahoo.com – http://finance.yahoo.com/banking-budgeting/article/106804/10-Winners-in-the-Recession
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