What are some industries that are recession resistant?

I understand that no industry is recession proof but what are some industries that are less affected by the economy?

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Dawn Fiona

04 Mar 2019

Think of stuff you would continue to use and consume whether or not you're employed, and you'll have the answer :)

Some examples are consumer goods, alcohol, cosmetics, and education.

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Hariz Arthur Maloy

27 Feb 2019

Independent Financial Advisor at Promiseland Independent

F&b, healthcare, vice, and consumer staples are usually the least affected during a recession. People still fall sick, need to eat, and will actually consume more alcohol and gamble when the economy isn't so good.

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Is there such a thing as recession-proof jobs? i.e. a job that will never have pay or bonus cuts? If not, what should those in the recession-hit industry do, other than upgrade or take on part-time and temporary jobs?

What are some recession proof industries to invest in?

I have approx $7300, looking to buy into tech stocks in US - is it a good time now, or is recession going to hit soon so I should invest in defensive industries?

Should I further my studies or should I continue working seeing that a recession is coming soon? I’m in the built environment industry?

Should I attempt to change industry and job during a recession or downturn like the COVID 19?

What are some recession proof industries to invest in?

I have approx $7300, looking to buy into tech stocks in US - is it a good time now, or is recession going to hit soon so I should invest in defensive industries?

Should I further my studies or should I continue working seeing that a recession is coming soon? I’m in the built environment industry?

Should I attempt to change industry and job during a recession or downturn like the COVID 19?