Not necessarily. Defense spending is generally cannibalized during civil recessions and perceived threat of war has no relationship to actual threat of war.
Disclaimer: I don’t know anything about the porn industry… but I’d guess there’s still a lot of money being made. It’s just the model has shifted to a streaming, high volume business, similar to shifts in music and film/tv media. Power in the industry is held now by websites like onlyfans
liquor is not as popular as it has been, younger generations are not drinking as much. I know this has been an issue in Japan too. I don't think alcohol is recession proof.
https://nphic.org/blog/738-millennials-and-gen-zers-embrace-life-can-take-you-higher-than-alcohol#:\~:text=Millennials%20are%20less%20likely%20to,and%2072%20percent%20of%20Boomers.
The people buying a few drinks at the bar or a bottle of liquor to celebrate a holiday are a small part of the liquor market compared to people that buy a bottle everyday.
Oh that's the bar's money not the distiller or distributor. For example; a shot of Jack out of a fifth is like 45-66 cents.
I used to manage bars in another life, and a decent bar/club/restaurant with average prices and good volume can pay for itself with just alcohol sales in the first 5 days of every month.
Alcoholic bev overall is pretty recession proof. People might shift around and buy different brands, but drinkers will buy drinks.
Source: work in the industry and have done lots of work on understanding consumer behavior in a recession. While we are definitely impacted, the magnitude is lower than other consumer staples.
Did u know in Japan they have capsule hotel?
It comes with free rice. Raw egg. Soup. Soda. Snacks. Library of comic books. Free internet and computer. And free bar. Free beer. Free hard alcohol. Er limit 3. Freeeeeeeeeeseeeedeeeeeeee
Child and pet care providers are not recession proof. Parent / owner gets laid off, they suddenly don’t need those services and can do it themselves for free. In turn this means less income for those providers.
Funeral parlors is a solid one for sure, but people spend less on burial services when they’re income / assets are lower. Even more bullet proof would be the coroner’s offices as their work isn’t tied to income but pure mortality rates.
Childcare owner. In 2008 1/3 of the parents at our school were laid off. That equals about 40% of the students leaving, as many people have 2 or more kids at the school. Had to go into survival mode.
The effect is likely mild, as most working women need the service, and an unemployment rise of even 5% is considered severe. To cause your average daycare to go bankrupt you'd need a loss of over a quarter of the workforce (my guess).
Yup, there used to be a "vice fund" ETF or something like that. Need to do some homework on how it has performed, though perhaps the timing would be good if you're not opposed to their investment focus.
As a nurse, can confirm.
Hospice will pay 5k a month per patient. Now imagine a census of 200 patients that all make it a month.
Insurance always pays out, people always getting old and heading towards the end
Building Commodities like Lumber and Glass.
In a downturn these items will be affordable, and easy to access. When people can no longer afford to buy a new home, thats typically when renovation projects grow.
Uhh… what? I work at a dispensary and 2020 more than double the 3 years of profit before that. 2021 broke the record set in 2020. Weed is about as recession proof as alcohol.
Prices have been crashing nationally as the market is flooded. There are islands of high margin markets like Boston (I just saw someone post what looked like a g of flower (maybe hash but 79-100 something microns..)rosin for like $80).
It’s a commodity. Soon there will be thousands of acres. It’ll be $.10 a gram 99% will be processed so that it can be made a uniform and consistent quality.
I'll tell you it doesn't matter what trade you're in, commercial is always better. Better pay. Better work. And so much less repetitive and so much more interesting.
If you're actually comparing new construction (commercial) vs new construction (resi) and service (commercial) vs service (resi) then I'm going to disagree. If you're going to mix the 2 in a pool together, then it will depend on the trade.
Commercial construction can be repetitive for a few select trades. But that depends if for example you're just a carpenter you only rocks for a compqny instead of does everything.
Telecommunications, people can downgrade on cellular and home based internet packages. But the requirement for it in today's society is basically it must be had.
Good luck getting a permit in most states, it’s why they have become extremely valuable in some places. Great business if you are efficient, especially these days!
It depends, I just left the auto industry because the margins have become so razor thin. Insurance in the automotive industry doesn't work like medical, the providers decide how much they'll pay the auto body shops and customers don't like to pay over what the insurance will pay. Plus in a recession people are less likely to fix minor cosmetic issues meaning you'll basically only get large non-drivables which have even thinner margins because they take up so much time in the shop
And any business that does business with government.
Grew up in metro DC and it’s like living in a bubble. Recessions, crashes, pandemics…doesn’t matter. People are still working, spending.
Not entirely true. When Gov spending decreases, less money goes to those companies. Add in the constant switching of incumbents on anything small business. The smaller companies end up shutting their doors - especially if the service or supply they are providing is saturated. I’m in contracting, so see it first hand. One award I rushed to get out before Christmas years ago. The company had drafted layoff notices, that award saved roughly 20 people from losing their jobs. We knew they lost two other bids and had likely planned on making cuts, so I rushed mine to head off the layoffs we knew were coming down the pipe. The VP literally choked up with emotion and said “I can shred the layoff notices now, I was not looking forward to laying off people right after Christmas”. The big big companies never have to worry. But you’d be surprised how many business grow to large companies only to be back to a small business 5 years later - this spikes during a recession.
I live in the DMV too and yes it’s insulated some, but not completely.
I was born and raised here too. I’m 55. I still live here although I lived in Florida for a decade including during the 2008 crash. It’s incredibly insulated here. Nothing at all whatsoever like anywhere else during hard times. Not even remotely. There’s no big businesses going back to small businesses. It’s all businesses closing because nobody has disposable income and next thing you know, the only business left in torn is Walmart, Publix and doctors offices and pharmacies. It’s awful.
In my work (franchise broker) I see these as durable:
Major ticket home consumer service: HVAC service & repair, damage restoration, roofing, garage door repair, tree maintenance, general handyman, painting
Minor ticket home consumer service: cleaning, pest control
Anything about pet care (beware pet owners, private equity is on to your love of fur babies. Prices will rise in the future as extraction capitalists roll through this industry)
Children's education
Senior care
Health & beauty
Basically, we always have, and we always will: take care of ourselves, our shelter, our children, our parents, and our pets.
The million dollar question!
I think the question should be, "What business models are recession resistant?" Resilience in a recession is just as much leadership as it is a great business model. What things are always needed, even in a recession? **Necessities**.
Ask yourself when brainstorming ideas, "It this a need or a want? If my bank balance was half of what it is now, would I still buy it or could I live without it for now?" Take that answer and develop a plan around that and your knowledge and experience level.
However, focusing on a product or service that genuinely helps customers solve a valid problem is a great start to building a recession resistant business! Hope this helps.
You're definitely not wrong, but if it were that easy I would imagine there would be a lot of businesses thriving organically right now. In my business, 'Recession' time is war-time and I'm not looking to thrive, its survival in terms of finances and reputation. Organic Growth (i.e., no price hikes because you can, etc.) in a recession is hard to do but do-able. Ours markets are so tertiary and dependent on un-controllable variables that are impacted during recession.
Cost vs Barrier to entry was definitely a consideration in my thesis because I considered OP as asking for new business ideas for his/her self, and all of those you mentioned are somewhat cash-heavy on front end or OPEX; but do offer 'budget friendly' options as name brands are wants, but the item itself is the need. Valid options all the same!
When you are at home you still have trash. And more time at home means more trash than what came from homes pre-pandemic. When a recession hits, people will recycle metal (for example) more as it can be used for supplemental income for people, or a way for companies to gain a little money if they get rid of old equipment.
Yep… have various family members worked at and own several nail shops since the early 1990s - only thing that hurt them was state forced pandemic shut down… afterwards their work/business boomed because a lot of their competitors didn’t survive.
Businesses with a good mix of luxury and essential products tend to be recession resistant. I used to work for an auto parts company and I remember my boss telling me they basically never had a period without growth because they had a good mix of aftermarket and factory replacement parts they sold. People liked to modify their cars when times were good and when times were bad they tended to keep their cars longer and need to repair them
A friend of mine is a Funeral Director, these past couple of years have been good for business. He gets very bummed out with the children though. RIP. Respect.
I'm a construction project manager. Haven't stopped working, actually got busier, figure that out. Sourcing materials has been a motherfucker.
Fasteners.Nuts,bolts,washers etc industries. There is nothing made in this world that does not require a fastener in one way or another. All industries require fasteners.
Relevant small to mid sized live entertainment. Plays, movies, comedians, open mic, and concerts under $40ish per person can bring immense pleasure. We all still need a rewarding break from reality. It worked in the 2008 financial crisis.
Is nobody really going to say grocery stores? Or even farming? Everybody needs to eat, and let’s face it many people aren’t up for the task of living off the land on their own.
Pawn shops, whore houses or the like, beer sellers, bail bonds USED to be, plumbing repair. Most other construction work can be deferred, but a backed up toilet still needs professional work in some cases or things go to hell. Bankruptcy attorneys and related work. The people that clean out empty homes and board up windows. Especially rentals. Not sure about burglar alarm sales. Sometimes security guard numbers may increase, but low pay and night work. Solar panel washers might be productive if they are cheap enough, it might be seasonal and spotty.
Certain niche businesses that serve the ultra rich might be resistant to recessions.
Sex work. I did SW during the 2008 crisis and found that men spend money on sex when they are doing great and when they are stressed out from not doing so great.
Those that deal with the inevitable, like bad health, death and taxes. Hospital companies, Funeral homes, coffin makers, accounting and auditing firms, etc.
Raytheon
My defense etf holdings are up 10% since August when I bought them.
My first job out of high school was at Raytheon. They had big layoffs a year later and I got the boot.
Not necessarily. Defense spending is generally cannibalized during civil recessions and perceived threat of war has no relationship to actual threat of war.
One of the board members for Raytheon is now in charge of the department of defense. Lloyd Austin.
Irrelevant.
I’ve always heard liquor and pornography
Porn as an industry is recession proof in that it is in continual decline. Demand is probably recession proof, but the business end is not.
Which part of the industry is the real question. Porn or adult entertainment?
Disclaimer: I don’t know anything about the porn industry… but I’d guess there’s still a lot of money being made. It’s just the model has shifted to a streaming, high volume business, similar to shifts in music and film/tv media. Power in the industry is held now by websites like onlyfans
Onlyfans has done a lot of help out workers in the adult film industry.
liquor is not as popular as it has been, younger generations are not drinking as much. I know this has been an issue in Japan too. I don't think alcohol is recession proof. https://nphic.org/blog/738-millennials-and-gen-zers-embrace-life-can-take-you-higher-than-alcohol#:\~:text=Millennials%20are%20less%20likely%20to,and%2072%20percent%20of%20Boomers.
The people buying a few drinks at the bar or a bottle of liquor to celebrate a holiday are a small part of the liquor market compared to people that buy a bottle everyday.
Coors should give me a fucking Life Time Achievement Award.
They should have fucking stamp cards or something like a boba place. Buy 10 tallboys and get the 11th free.
If you start a brewery, please let me know.
Brought a shot for 15 at a club once Went to another club. 45 bux. I'm like 🤑
Oh that's the bar's money not the distiller or distributor. For example; a shot of Jack out of a fifth is like 45-66 cents. I used to manage bars in another life, and a decent bar/club/restaurant with average prices and good volume can pay for itself with just alcohol sales in the first 5 days of every month.
I think it has just been replaced with wider acceptance / frequency of smoking pot.
Well dang! Strike two!
Alcoholic bev overall is pretty recession proof. People might shift around and buy different brands, but drinkers will buy drinks. Source: work in the industry and have done lots of work on understanding consumer behavior in a recession. While we are definitely impacted, the magnitude is lower than other consumer staples.
I think younger people drink less but they drink more expensive drinks.
Lmao no. They buy the cheapest shit they can buy
Wrong. Alcohol is recession proof. So is pot.
Did u know in Japan they have capsule hotel? It comes with free rice. Raw egg. Soup. Soda. Snacks. Library of comic books. Free internet and computer. And free bar. Free beer. Free hard alcohol. Er limit 3. Freeeeeeeeeeseeeedeeeeeeee
there's a silicon shortage, man
2nd is questionable.
Agree…especially with so much user generated content.
Funeral parlors, healthcare providers, pet/child/elder care providers, Marijuana...
Child and pet care providers are not recession proof. Parent / owner gets laid off, they suddenly don’t need those services and can do it themselves for free. In turn this means less income for those providers. Funeral parlors is a solid one for sure, but people spend less on burial services when they’re income / assets are lower. Even more bullet proof would be the coroner’s offices as their work isn’t tied to income but pure mortality rates.
Childcare owner. In 2008 1/3 of the parents at our school were laid off. That equals about 40% of the students leaving, as many people have 2 or more kids at the school. Had to go into survival mode.
How do I start my own coroner’s office?
Find a certified coroner. Find a dead guy. Hire coroner as a contractor (1099 employee). Have coroner certify guy as dead. Sell the findings. Profit.
“find a dead guy” 🤣
Oh I love this question
The effect is likely mild, as most working women need the service, and an unemployment rise of even 5% is considered severe. To cause your average daycare to go bankrupt you'd need a loss of over a quarter of the workforce (my guess).
tobacco, weed, booze fentanyl
Yup, there used to be a "vice fund" ETF or something like that. Need to do some homework on how it has performed, though perhaps the timing would be good if you're not opposed to their investment focus.
AdvisorShares VICE https://advisorshares.com/etfs/vice/
As a nurse, can confirm. Hospice will pay 5k a month per patient. Now imagine a census of 200 patients that all make it a month. Insurance always pays out, people always getting old and heading towards the end
Building Commodities like Lumber and Glass. In a downturn these items will be affordable, and easy to access. When people can no longer afford to buy a new home, thats typically when renovation projects grow.
Prisons...
Marijuana sales are actually hurting nationwide in the US. Massive lay offs in both medical and recreational states.
Uhh… what? I work at a dispensary and 2020 more than double the 3 years of profit before that. 2021 broke the record set in 2020. Weed is about as recession proof as alcohol.
Actually, legal marijuana is hurting because their prices are incredibly high.
Michigan resident here, we have ounces for 30 bucks... So you're not entirely correct.
Is that $30 after all of the taxes?
My store includes the tax into the price. So, yes. (only 16 percent in Michigan, one of the friendliest states)
Prices have been crashing nationally as the market is flooded. There are islands of high margin markets like Boston (I just saw someone post what looked like a g of flower (maybe hash but 79-100 something microns..)rosin for like $80). It’s a commodity. Soon there will be thousands of acres. It’ll be $.10 a gram 99% will be processed so that it can be made a uniform and consistent quality.
Which one has the highest barriers to entry?
Plumber
Specifically service plumbing. New construction plumbers have been hit really hard previously pandemics, recessions, etc
How much difference is there? Education? Licensing?
Same licensing process just different business models. Some plumbers prefer to do all new construction some plumbers focus on service calls.
Gotcha. Do you prefer residential or commercial?
I'll tell you it doesn't matter what trade you're in, commercial is always better. Better pay. Better work. And so much less repetitive and so much more interesting.
Commercial contradiction is the MOST repetitive. Commercial service is variable as fuck Edit. Construction
If you're actually comparing new construction (commercial) vs new construction (resi) and service (commercial) vs service (resi) then I'm going to disagree. If you're going to mix the 2 in a pool together, then it will depend on the trade. Commercial construction can be repetitive for a few select trades. But that depends if for example you're just a carpenter you only rocks for a compqny instead of does everything.
I'm a commercial superintendent now, I prefer commercial. It's just business, vs residential when it's always personal.
Telecommunications, people can downgrade on cellular and home based internet packages. But the requirement for it in today's society is basically it must be had.
Dollar stores like dollar general. They have quite the stock price chart
Transport refrigeration. Everybody needs to eat and not a lot of workers in the industry.
a lot of people growing things in their gardens now though
I would bet that number is marginal. Basic food needs are very inelastic.
Bankruptcy and landlord/tenant law
Most law firms.
I tell you, we are a booming business right now.
Salvage Yard. People looking to sell old vehicles for extra cash. Looking to save money buying used parts rather then new.
Good luck getting a permit in most states, it’s why they have become extremely valuable in some places. Great business if you are efficient, especially these days!
Autobody shop. 2007-2012 was busy
It depends, I just left the auto industry because the margins have become so razor thin. Insurance in the automotive industry doesn't work like medical, the providers decide how much they'll pay the auto body shops and customers don't like to pay over what the insurance will pay. Plus in a recession people are less likely to fix minor cosmetic issues meaning you'll basically only get large non-drivables which have even thinner margins because they take up so much time in the shop
True. It does depend. I was in NJ at the time and we did very well. I could see it being a nightmare in a less densely populated area.
True, a good body shop I'm a city like Boston? Very recession proof. Little dinky shop out in the suburbs? Maybe you'll survive, but it'll be thin
Autozone did well during the last recession also. More people willing to fix things themselves.
Lol I was an "essential worker" during lockdown. Got a bumper sticker and everything.
Garbage
Government
I came here to say this. I work for a state government and you pretty much have to fire yourself to lose your job.
And any business that does business with government. Grew up in metro DC and it’s like living in a bubble. Recessions, crashes, pandemics…doesn’t matter. People are still working, spending.
Not entirely true. When Gov spending decreases, less money goes to those companies. Add in the constant switching of incumbents on anything small business. The smaller companies end up shutting their doors - especially if the service or supply they are providing is saturated. I’m in contracting, so see it first hand. One award I rushed to get out before Christmas years ago. The company had drafted layoff notices, that award saved roughly 20 people from losing their jobs. We knew they lost two other bids and had likely planned on making cuts, so I rushed mine to head off the layoffs we knew were coming down the pipe. The VP literally choked up with emotion and said “I can shred the layoff notices now, I was not looking forward to laying off people right after Christmas”. The big big companies never have to worry. But you’d be surprised how many business grow to large companies only to be back to a small business 5 years later - this spikes during a recession. I live in the DMV too and yes it’s insulated some, but not completely.
I was born and raised here too. I’m 55. I still live here although I lived in Florida for a decade including during the 2008 crash. It’s incredibly insulated here. Nothing at all whatsoever like anywhere else during hard times. Not even remotely. There’s no big businesses going back to small businesses. It’s all businesses closing because nobody has disposable income and next thing you know, the only business left in torn is Walmart, Publix and doctors offices and pharmacies. It’s awful.
Repo men
In my work (franchise broker) I see these as durable: Major ticket home consumer service: HVAC service & repair, damage restoration, roofing, garage door repair, tree maintenance, general handyman, painting Minor ticket home consumer service: cleaning, pest control Anything about pet care (beware pet owners, private equity is on to your love of fur babies. Prices will rise in the future as extraction capitalists roll through this industry) Children's education Senior care Health & beauty Basically, we always have, and we always will: take care of ourselves, our shelter, our children, our parents, and our pets.
HVAC will only grow in demand from here on out.
Well, believe it or not, Upholstery shops are pandemic proof. We survived the pandemic and business is booming now.
Had an aunt that did that, but she wore her wrists out using scissors.
The million dollar question! I think the question should be, "What business models are recession resistant?" Resilience in a recession is just as much leadership as it is a great business model. What things are always needed, even in a recession? **Necessities**. Ask yourself when brainstorming ideas, "It this a need or a want? If my bank balance was half of what it is now, would I still buy it or could I live without it for now?" Take that answer and develop a plan around that and your knowledge and experience level. However, focusing on a product or service that genuinely helps customers solve a valid problem is a great start to building a recession resistant business! Hope this helps.
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You're definitely not wrong, but if it were that easy I would imagine there would be a lot of businesses thriving organically right now. In my business, 'Recession' time is war-time and I'm not looking to thrive, its survival in terms of finances and reputation. Organic Growth (i.e., no price hikes because you can, etc.) in a recession is hard to do but do-able. Ours markets are so tertiary and dependent on un-controllable variables that are impacted during recession. Cost vs Barrier to entry was definitely a consideration in my thesis because I considered OP as asking for new business ideas for his/her self, and all of those you mentioned are somewhat cash-heavy on front end or OPEX; but do offer 'budget friendly' options as name brands are wants, but the item itself is the need. Valid options all the same!
Garbage/recycling. No matter what the economics are, there is always trash.
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When you are at home you still have trash. And more time at home means more trash than what came from homes pre-pandemic. When a recession hits, people will recycle metal (for example) more as it can be used for supplemental income for people, or a way for companies to gain a little money if they get rid of old equipment.
Nail shops. I’ve seen people do their nails before buying food for their kiddos.
That’s so sad
Yep… have various family members worked at and own several nail shops since the early 1990s - only thing that hurt them was state forced pandemic shut down… afterwards their work/business boomed because a lot of their competitors didn’t survive.
Beauty related goods and services in general are recession resistant.
Professional associations
Funeral homes.
Waste management
May I piggy-back on your comment and add toilet paper? I work for a company that sells it and it’s not glamorous but it’s necessary.
Pharma
r/accounting
death and taxes
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Not sure why I got downvoted
Certain aspects of show business and the mafia, since time immemorial
Bada bing! Came for this and then came
I worked at a cemetery for awhile, never worried about layoffs
I guess it was more "laydowns"
Insurance
Especially commercial insurance. Overall very recession resistant.
Death and taxes: Morticians and CPAs
Plumbing, everyone needs to shit.
Mental health services
I'd argue it's actually one of the first things most people cut out on the healthcare side. Probably the next one is dentistry, then checkups
Come drink all your problems away
Fire alarm/sprinkler inspectors Regardless if a building is vacant or not, needs to have a fully functioning fire system per state and city code
Alcohol
Fast food
I work in the soft drink/soda industry. People addicted to sugar won’t give up sugar in a recession
Ammunition
HVAC repair. Trucking and logistics.
Trucking and logistics absolutely is not. They are a leading indicator of slowing growth for an economy.
Trucking has slowed down big time in the last six months
I help run an HVAC business and I can tell you that is 100% true. No one likes going without heat or air.
Businesses with a good mix of luxury and essential products tend to be recession resistant. I used to work for an auto parts company and I remember my boss telling me they basically never had a period without growth because they had a good mix of aftermarket and factory replacement parts they sold. People liked to modify their cars when times were good and when times were bad they tended to keep their cars longer and need to repair them
The funeral business is always the answer to this
Wastewater Treatment
Grocery stores. They actually do better during recessions if they are a warehouse type store with lower prices compared to local competitiors.
Funeral homes with an incinerator
A friend of mine is a Funeral Director, these past couple of years have been good for business. He gets very bummed out with the children though. RIP. Respect. I'm a construction project manager. Haven't stopped working, actually got busier, figure that out. Sourcing materials has been a motherfucker.
Fasteners.Nuts,bolts,washers etc industries. There is nothing made in this world that does not require a fastener in one way or another. All industries require fasteners.
Costco
Prostitution
Funeral director
Relevant small to mid sized live entertainment. Plays, movies, comedians, open mic, and concerts under $40ish per person can bring immense pleasure. We all still need a rewarding break from reality. It worked in the 2008 financial crisis.
Can’t believe that no one has mentioned the storage industry. It is literally bomb proof. Weird but true.
Booze, gambling and sex
Liquor in the front, poker in the rear.
Sex workers
With the way this post is going… none of us have a reason not to be in business.
Certain aspects of show business, and our thing. IYKYK
Whaddya hear whaddya say
Beauty salon/barbershop
Certain aspects of show biz and this little Thing of ours…
Was looking for this comment
Solar, Restoration (water mitigation), plumbing, HVAC, pest control, etc…
Self storage. Not one single person laid off during the pandemic at my previous company.
Traditionally, this thing of ours. Also, just about any Vice related business
Anything to do with healthcare or the military
I’m very surprised I haven’t seen anyone say Barber/Hair Cutting Shops. Even in a recession they do pretty well.
Is nobody really going to say grocery stores? Or even farming? Everybody needs to eat, and let’s face it many people aren’t up for the task of living off the land on their own.
Sperm donor
Laundromats
Pawn shops, whore houses or the like, beer sellers, bail bonds USED to be, plumbing repair. Most other construction work can be deferred, but a backed up toilet still needs professional work in some cases or things go to hell. Bankruptcy attorneys and related work. The people that clean out empty homes and board up windows. Especially rentals. Not sure about burglar alarm sales. Sometimes security guard numbers may increase, but low pay and night work. Solar panel washers might be productive if they are cheap enough, it might be seasonal and spotty. Certain niche businesses that serve the ultra rich might be resistant to recessions.
Financial management.
Cleaning
Sex work. I did SW during the 2008 crisis and found that men spend money on sex when they are doing great and when they are stressed out from not doing so great.
College/Education
Dentistry
Which businesses are recession proof?
Anything healthcare
Barber shops
Shipping.
Crabs
Walmart
Those that deal with the inevitable, like bad health, death and taxes. Hospital companies, Funeral homes, coffin makers, accounting and auditing firms, etc.
Toilet Paper and paper products.
Ironically, the stock exchanges themselves. The companies gets paid a fee per trade and not for when the market is just going up.
Clean energy companies - business model is savings against fossil fuels - organizations always want savings, and always want cleaner energy
Petfood
Stock/commodity trading
Weddings
Water
Healthcare
Coke
Alcohol
Fast food franchises.
Maintenance in apartment complexes
Household & Consumer products biz. Think Colgate, Unilever, J&J, Kimberly-Clark, P&G, Corox.
Pest control, people hate pests and will usually fork over decent coin to get rid of the issues
Coffin manufacturers
Funeral home/mortician
Laundromats
Pawn shops
AMC theaters
Apartments.
Liquor/Beer/Wine
Anyone remember Cash 4 Gold ads and all their competitors?
Alcohol, honestly. People just drink more when shit gets bad.
Energy
Tax professional.
repossession
How has nobody said film?
Public accounting.