21 Businesses That Will Thrive in the 2022 Recession (2023)

There has been a time when we went to any shop, and each of the shopkeepers said that the market is being so cruel and low, it is difficult even to recover costs, customers are not spending, on and on and the list of worries of business people would never end.

Plain and simple, we call a ‘recession.’In this article, we list 21 Businesses That Thrive in Recession and prove why these businesses are recession-proof.

In times of the low economy, being in business will worry you with your profits and sales, but being employed by someone would equally concern you in terms of job security and remunerations.


  • Not all businesses and industries feel the same pain during an economic recession.
  • Some businesses benefit as consumers cut back on substitute products and other competing options.
  • Many businesses that do well during recessions either provide goods and services that increase demand directly due to recession conditions, offer cheaper alternatives to luxuries or big-ticket purchases, or for which the market is relatively inflexible to income changes.
  • Most of the recession-proof businesses are in the following areas: Digital Industry, Health and Wellness, Food and beverages, Finances, Entertainment and..sins 🙂

Don’t have a business yet? Check our guide on the best 42 business ideas you can start in 2021 with almost no money. Of course, these are recession-proof as well.

But a little history class first:


  • The Great Recession of 2008
  • “The Mother of All Recessions” Starts In 2021
  • Businesses That Thrive in Recession
  • Digital Industry Thrive in a Recession
  • Entertainment Industry
  • Health and Wellness
  • Food and Beverages
  • Finance Industry
  • Repair and Maintenance Services
  • Sin Industries 😈
  • Conclusion on Businesses That Thrive in Recession

The Great Recession of 2008

The great recession of 2008 is the recent case of recession at a global level, which we all can recall.

Like the Nuclear Explosion at Hiroshima and Nagasaki, we are still struggling to make good the losses of that recession hit, and probably it would take more years to do so completely.

This dark period began in the UUSin 2007 due to a dip in the real estate market, and the tremors of this economic earthquake were felt in most developed countries.

21 Businesses That Will Thrive in the 2022 Recession (1)

According to the US Bureau of Labor Statistics, during the first quarter of 2009, the lowest point of the recession, over 230,000 US businesses closed.

21 Businesses That Will Thrive in the 2022 Recession (2)

But countries like China and India were less affected than others, as you can see in the map below of the real GDP growth rate of 2009.

21 Businesses That Will Thrive in the 2022 Recession (3)


Fast forward to the present:

(Video) Why a 2022 Recession Would Be Unlike Any Other | WSJ

“The Mother of All Recessions” Starts In 2021

According to UniCredit specialists, the world is heading to a deep recession. So deep that they say in a report, you can check herethat “The mother of all recessions has arrived.”

In the US, the economy will likely shrink by 5% in 2020, and in the eurozone, GGDPmay contract by about 13% in 2020. Speaking about the UK, there is also a shrink of GDP by almost 10%.

The global GDP contracted by 4.2% between Q4 2007 and Q2 2009.

The OOECD’sGGDPfigures for the third quarter of 2020 show the coronavirus’s ongoing impact on economies around the world.

21 Businesses That Will Thrive in the 2022 Recession (4)

Businesses That Thrive in Recession

While studying recession, one question tickles all of our minds: does the recession affect every business?

Most of us think yes is the answer because we tend to witness a downfall in almost all major industries. These industries include real estate, construction, jewelry, textile, agriculture, etc. But there are a handful of business lines that not only sustain but even flourish during the times of recession, while it is struggling darkness for the rest of them.

So if you are not one of those who laugh off the fear of recession until it strikes them, instead, you are the one who wants to recession-proof your business, then here is a concrete list of business options for you that have shown upwards graphs even the economies were low.

Wait no more. Here is our list of 21 Businesses that thrive in recession:

Digital Industry Thrive in a Recession

1. Digital Marketing & Web Development Agency

According to Better Marketing, big agencies with large accounts that spend the most on advertising risk losing 30% of their revenue.

For small and mid-sized agencies, the risk is negligible, but there is also an opportunity. So if you are a small-mid agency, be flexible, optimize your processes, lower the cost and compete for clients who would typically go to expensive agencies.

People purchase goods and services online more than ever. Also, due to the pandemic, people that hadn’t have a presence online did it fast. Plenty of apps and websites still need to be created so WordPress development companies will prosper.

Here is our complete, actionable guide on starting and growing your digital marketing agency.

Digital marketing jobs are also in high demand, so if you’re not yet ready to start your agency, you may start a career in digital marketing.

2. Blockchain & Cryptocurrencies

Blockchain is one of the leading technologies of today’s world. And the best cure for a recession is innovation and adaptation.

Considering the importance and the developments of blockchain, it may be the vehicle that will carry us out of the recession, just like in 2008. It was the micro-gig economy with leading companies like Airbnb, Uber, Fiverr, etc.

From cryptocurrency trading and exchanges to video games and virtual worlds to decentralized finance and web 3.0, the shift from physical to digital is happening. We believe COVID-19 is further accelerating this evolution so that blockchain-related businesses will thrive in a recession.

3 Affiliate Marketing

According toStatista, affiliate marketing spending in the UUSalone will reach $8.2 billion by 2022. According to Rakuten’s Forrester report, 81% of advertisers and 84% of publishers use affiliate marketing.

That’s because affiliates receive money only when they generate a sale for the vendor. In troubled economic times like these, the vendors reduce the marketing budgets that don’t bring guaranteed deals.

(Video) Bloomberg Surveillance 06/21/2022 Will US Go Into Recession?

According to Google Trends, affiliate marketing’s search trends have risen in the previous economic crisis.

21 Businesses That Will Thrive in the 2022 Recession (7)

For publishers, affiliate marketing is also appealing because of its low-cost entry barrier. They need a website that gets traffic and to signup for an affiliate marketing network.

Further reading on affiliate marketing:

  • Affiliate Marketing for Beginners [Complete Guide]
  • Top 12 Rules For Affiliate Marketing Success in 2020
  • High Paying Affiliate Programs for Bloggers and Marketers [65+]

Entertainment Industry

We all desire to be entertained even in happy times. We want distractions from our business tensions during gloomy times, and most wealthy business people consider entertainment an easy escape.

So here are a few business options thriving during a recession:

4. Movies

When it comes to Jennifer Lawrence or Julia Roberts, who will think about the market’s bullish or bearish phase before choosing to spend those three hours.

Instead, they find it an easy and affordable option to distract and refresh their minds from their worries or profits and losses. A big tub of caramel popcorn with a sizeable chilled coke and Vin Diesel is dancing on the big screen; who will resist! So popcorn and theatres are always a yes.

5. Television

We all have seen those funny businessmen with unlimited wealth who sit on their massive black boss chairs in their office, scratching their nice, round, and flat tummy and watching television when no customers are humming around.

So be it, ladies or gents, America’s Got all of them to enjoy talent and Game of Thrones. There is no such harmful impact of the recession on television show makers; instead, people love to share hearty laughs, watching the FRIENDS People continue to pay for Netflix subscriptions.

6. Tattoos

Though it is a weird thing to believe, yes, the modern generations are keener to get their skins inked, and when they have idle time from their business, they choose to sit and get an excellent tattoo. The US has seen a considerable increase in people having tattoos during the recession period.

Health and Wellness

Health is the prime requirement for every being, so ongoing income levels do not affect our health expenditure. The wellness industry is an emerging branch in the health sector that broadly deals without exterior looks and beauty.

So here are a few lines of earnings in this industry that are boosted during the recession:

7. Pharmaceuticals

Gone are the days when an apple a day used to keep doctors away. With adulteration in almost all food products and mechanic lifestyles, diseases and health issues are not expected to hit a recession shortly. Things like life-saving drugs are counted in the list of necessary goods, so they will never compromise in this sector.

8. Doctors

It is a recession period, so it does not mean we won’t visit a doctor even when we burn with a 102 on the thermometer or get our leg broken. Gynecologists and pediatricians are unavoidable at any given point in time.

9. Beauty and Wellness

Whether she is your wife or girlfriend, you know you can’t win an argument with her when it comes to her beauty chores. The monthly facial is always a mandate, even in times of low monthly sales.

(Video) 40 Recession Proof Business Ideas in 2022 | New Business Ideas 2022

Ladies may restrict them from buying expensive clothing, but they would love to compensate for the lost shopping joy by purchasing affordable cosmetics. They can find delights in petty things like nail paints or mascaras.

Not only for females, even for the beauty-conscious businessmen, but a relaxing spa or a body massage can also release your numeric tension up to some extent.

Food and Beverages

Food, Cloth, and Shelter sequence, food come first. So no question marks are raised when we say the Food industry is not affected by dipping trends in the economy. A country can never be so poor to let everyone starve. So the following segments of this industry see sunrises even on dark days:

10. Grocery

Just because your shop or office is locked down, you just can’t shut down the kitchen of your house. You will always need essential kitchen items like wheat, salt, and milk. You can skip on luxurious groceries like Mozzarella Cheese or Worcestershire Sauce, but basics will always be on the shopping list.

11. Fast foods

People often complain that their spouses don’t have time to spend quality hours with them. It may sound funny, but the recession is the time for you. Families usually come closer during hard times.

So we can grab on your idle time to cherish a nice dinner date with our loved ones. So the restaurants are welcoming guests with open arms at all kinds of times. A glass of wine while you dine can drive away from the worries of your workplace in a blink.

With the rapid development of the vaccine, we expect that in 2021 the restaurant industry that was fully hit in 2021 will reopen and flourish, making it one of the businesses that will thrive in a recession.

Finance Industry

The phrases ‘recession’ and ‘boost in finance industry’ seem north and south poles at the surface level, but you get that relation vivid once you dig deeper.

So we can witness growth in the following niches:

12. Accountants

It is a myth that high-income earners require accountants more, but it is the other way round in reality. When you are down in the valley, you need more expertise to manage your returns. It is then more crucial for you to avail of all the tax benefits or subsidies.

You need to manage the inflows and outflows of the funds you have more carefully when the amount is comparatively small. Presenting an accurate and fair picture of your firm’s books and records is vital even during a recession.

13. Financial Consultants

If the lousy business days are not tending to end and getting more challenging for you to cover your variable costs and meet your break-even point, you might be thinking of borrowing some money or getting a loan sanctioned.

Here, in such cases, the role of financial consultants becomes all the more important. People who are running small businesses, franchise owners, consultants, etc., will need financial help as only they are the ones who can guide you practically in an unbiased way.

They would advise you regarding managing your idle funds, if any, or suggest to you ways to meet the shortfalls efficiently.

14. Investment Advisers

The money invested during a recession may get doubled up after the economy recovers, or it can happen the exact opposite- the money invested can become zero. So investing during such unpredictable times is no different than gambling.

It is always better to consult an expert in that field before taking a significant risk. So the business of investment advisories flourish.

Repair and Maintenance Services

Because they are short on money, people will better repair instead of chaining appliances in their homes, getting a new computer, a new phone, or a new car. So this is another one of those businesses which will hardly ever shut down unless and until the owners themselves decide to shut it.

15. Home repair

Home repair and maintenance business demand always stay constant. People will always need repairing services because anything can get damaged at any time. Also, many people will choose a do-it-yourself home renovation or upgrade rather than consider selling and moving during a recession.

(Video) The 2022 Recession: How To Prepare For The Next Market Crash

16. Auto Repair Business

Car repair businesses are handy in times of recession as cars are a necessity, and if a car is damaged, people cannot avoid getting their car fixed no matter how expensive it is.

Auto repair and maintenance shops rake in cash during a recession when people gladly fork over a few hundred dollars on repairs to avoid a monthly payment on a car loan

17. Computer, Phone Repair Service

For the same reason as the two above, most people will think twice before getting a new computer or a new phone. Also, considering that a new smartphone costs well over a couple of hundreds almost to one thousand, they will want to repair the old one till economic times are better.

Sin Industries 😈

This head may seem a bit out of track because the topic revolved around crucial things like money, finance, economies. But somewhere in our heads, we all know what our hearts wish to do when we are depressed.

We want to grab those 60ml pegs or vodka shots, expecting to forget our tensions. So in times of depression, we see an ever-increasing growth in the following areas:

18. Alcohol

When we talk about happy hormones, we remember a famous scientific term called dopamine, a motivational chemical released by our brains.

Many beverages release this chemical, with alcohol being at the top of the list. That is why people tend to shed off their worries when they are drunk. How can we forget to put the liquor business when discussing dealing with depression.

19. Tobacco

Though the government never has yet and will not approve any alcohol and tobacco products marketing, the consumers never exhibit a lack of awareness. If not alcohol, the businessman suffering from sheer losses will choose tobacco as an escape. It works the same way as alcohol does, intoxicating and numbing our logic and senses, hence helping our stress blow out for a while.

20. Casinos

The term ‘casino’ is exciting in itself. This term describes a nice place with loud music, an unlimited choice of drugs, and intoxicants to delight yourself while you play the game of cards by betting handsome sums of money.

What else do you need to relax from those ongoing business issues of your office? Probably this is how most of the wealthy yet ideal business people would like to spend their empty days.

21. Escort businesses

Economic downturns can be boom times for high-end escorts. That’s because escorts have regular clients who visit them several times per month, paying them for comfort and affirmation.

After the dot-com bubble burst and in late 2006, the high-end women reported upticks in business when the housing market flattened. Their clients were coming to them for a mix of escape and encouragement.

Keep in mind that about 40% of high-end sex transactions do not involve a sexual service. It’s not difficult to imagine that a man’s need for positive reinforcement is amplified when a pink slip lands on his desk.

The trick to surviving lean times is to be patient and do everything to keep your clients. If you can keep your cool, you rarely lose money.

If you’re thinking of trying the escort business, we’ve written a complete guide on starting and monetizing an escort business.

Conclusion on Businesses That Thrive in Recession

Although this is not a comprehensive list, it can give you some clues as to what is and isn’t recession-proof. Monetize.info helped entrepreneurs and small business owners during the 2008 recession and will continue to do so in 2022.

Have any questions about the upcoming 2022 recession? Let us know in the comments below, and I will gladly answer.

Note: This article is updated by Daniel S from Monetize.info

(Video) Bloomberg Surveillance 06/17/2022 Will the Fed Trigger a Recession?


Which businesses do best in a recession? ›

Businesses that thrive in recession
  • Groceries. Not surprisingly, grocery stores are the best business in a down economy. ...
  • Health care. Like groceries, people need health care to live. ...
  • Candy. ...
  • Beer, wine and liquor. ...
  • Discount retailers. ...
  • Children's goods. ...
  • Pet industry. ...
  • Financial advisors and accountants.

What companies will survive a recession? ›

Discount stores often do incredibly well during recessions because their staple products are cheaper.
  • Consumer Staples. ...
  • Grocery Stores and Discount Retailers. ...
  • Alcoholic Beverage Manufacturing. ...
  • Cosmetics. ...
  • Death and Funeral Services.

Which industries do well during recession? ›

Food and groceries. No matter the economic climate, people need food, personal products and some household goods. (Think toothpaste and soap.) As such, companies that make or sell these products remain fairly resilient during recessions.

What business is not affected by recession? ›

Food and Beverage Business

The food and beverage industry is one of the most recession proof industries due to the fact that everyone still needs food and drinks to live. It is not a luxury that can be put aside during difficult times, so businesses in this sector can continue to do well even during a recession.

What types of businesses are recession proof? ›

7 recession-proof business ideas for 2022
  • Online marketing agencies.
  • eCommerce stores with low-investment stock items.
  • Professional online communities and resource platforms.
  • Home improvement companies.
  • Skilled trades contractors.
  • Real estate businesses.
  • Online software companies.
6 Jun 2022

Who makes money during a recession? ›

Rental agents, landlords, and property management companies can thrive during a recession when renting is likely to become a more appealing option, if not the only one available.

What should you invest in a recession? ›

During a recession, dividends are especially important because they give you a cushion even if the stock price falls. Also, stocks like Merck and AbbVie, with reliable, high payouts, provide good competition for the bonds to which many investors flee in tough times. Merck's yield tops that of a 10-year Treasury.

What should I stock up before recession? ›

Take a look at our recommendations below.
  • Protein. These food items are packed with protein and will keep for a long period of time. ...
  • Canned Goods. Canned goods are a favorite for stockpilers. ...
  • Beverages. Water is a no-brainer. ...
  • Flavorings. You may not think of these when stockpiling. ...
  • Fillers. ...
  • Something Sweet. ...
  • Miscellaneous.

What industries are hit hardest by recession? ›

A recession is “a significant decline in economic activity spread across the economy, lasting more than a few months.” Industries affected most include retail, restaurants, travel/tourism, leisure/hospitality, service purveyors, real estate, & manufacturing/warehouse.

What jobs are not affected by a recession? ›

Here are five of the most “recession-proof” occupations that offer strong job security during economic downturns, according to economists:
  • Nurses.
  • Child-care Workers.
  • Police and Sheriff's Patrol Officers.
  • Court, Municipal and License Clerks.
  • Mental Health Counselors.
28 Jul 2022

What should you not do in a recession? ›

  • Becoming a Cosigner.
  • Getting an Adjustable-Rate Mortgage.
  • Assuming New Debt.
  • Taking Your Job for Granted.
  • Making Risky Investments.
  • The Bottom Line.

What stocks do well in a market crash? ›

Best Investments To Survive A Stock Market Crash
  • Treasury Bonds. ...
  • Corporate Bond Funds. ...
  • Money Market Funds. ...
  • Gold. ...
  • Precious Metal Funds. ...
  • REITS—Real Estate Investment Trusts. ...
  • Dividend Stocks. ...
  • Essential Sector Stocks and Funds.
25 Jul 2022

What businesses do well in inflation? ›

Here are some of them.
  • Wine. When inflation rises and purchasing power decreases, many investors turn to real assets for an inflation hedge. ...
  • Real estate. ...
  • Energy. ...
  • Bonds. ...
  • Financial Companies. ...
  • Commodities. ...
  • Healthcare. ...
  • Consumer staples.

What goods and services are recession proof? ›

Consumer Staples
  • Food. Everyone needs to eat and offering some food items can be a great way to expand your product offerings during an economic downturn. ...
  • Personal Care Items. ...
  • Cosmetics and Related Services. ...
  • Pet Care Products and Services. ...
  • Clothing. ...
  • Baby Items.

What businesses thrived during the Great Depression? ›

10 successful companies started during the Great Depression
  • Ada Feed & Seed. Farms had a real need for Ada Feed & Seed when crop prices were falling. ...
  • SESAC. ...
  • Publix Super Markets. ...
  • Hy-Vee. ...
  • King Kullen Grocery. ...
  • Harps Food Stores. ...
  • Ocean Spray Cranberries. ...
  • Pendleton Grain Growers.

What investments did well during the Great Depression? ›

Even though stocks cratered in the 1929 crash, government bonds were safe havens for investors.

What markets Go up in a recession? ›

Some sectors, such as consumer staples, health care and utilities, have historically done better than the broad market during recessions. Advisors also point to value stocks and commercial real estate as potentially advantageous investments during downturns.

IS cash good in a recession? ›

Put bluntly, cash can help during a recession because it's not stocks. While the stock market often picks up steam during the recovery phase, during the recession itself, stocks may plunge to new record lows or stagnate.

What is the best way to make money during a recession? ›

That's why I asked financial experts to share some recession-proof passive income streams that might be worth considering in 2022.
  1. Invest in self-storage. ...
  2. Rent out a popular item. ...
  3. Build a real estate portfolio. ...
  4. Self-publish books. ...
  5. Open a savings account.
3 Jul 2022

Do house prices go down in a recession? ›

Historically, house prices tend to fall when there is a deep and prolonged contraction in the economy with rising unemployment.

Is it smart to buy a house during a recession? ›

Buying a home during a recession can be a good idea — but only for people who are lucky enough to remain financially stable. Mortgage rates may drop as the Fed tries to help the economy recover, and with fewer qualified buyers and less competition, home prices can drop as well.

What should I hoard in 2022? ›

If you are wondering what food to buy before inflation hits more, some of the best food items to stockpile include:
  • Peanut butter.
  • Pasta.
  • Canned tomatoes.
  • Baking goods – flour, sugar, yeast, etc.
  • Cooking oils.
  • Canned vegetables and fruits.
  • Applesauce.
12 Feb 2022

What should I stock up on in case of war? ›

Therefore make sure you have a supply of food, water, medicine, cash, and the things you need at home.
Products for a survival kit:
  • sublimated products (porridges, soups, noodles)
  • canned meat, fish, vegetables.
  • bread and cookies.
  • nuts.
  • chocolate.
  • dried fruits.

What should I buy to prepare for food shortage? ›

Here's a list of what you should buy to prepare for a food shortage:
  • Flour.
  • Rice.
  • Noodles and Pasta (various varieties, white & wholewheat)
  • Vegetables (Freeze Dried, Canned, and Dehydrated)
  • Fruit (Freeze Dried, Canned, and Dehydrated)
  • Oats.

How long does a recession last for? ›

The good news is that recessions generally haven't lasted very long. Our analysis of 11 cycles since 1950 shows that recessions have persisted between two and 18 months, with the average spanning about 10 months. For those directly affected by job loss or business closures, that can feel like an eternity.

What jobs did well during the Great Depression? ›

Professional and Skilled Workers

Well-educated people such as doctors, dentists, attorneys and engineers weren't affected as much by the depression. In 1930, professionals made up 6.1 percent of the workforce; in 1940 they accounted for 6.5 percent.

Are we going to hit a recession? ›

Are we currently in a recession? While economists agree that we are not currently in a recession, the outlook is not rosy. A survey of 49 U.S. macroeconomists conducted by the Financial Times and the Initiative on Global Markets found that more than two-thirds believe a recession will hit in 2023.

How do you protect yourself in a recession? ›

  1. Plan more, panic less. The silver lining to current recession predictions is that they're still only forecasts. ...
  2. Bulk up your cash reserves. ...
  3. Seek a second income stream. ...
  4. Resist impulsive investing moves. ...
  5. Lock interest rates now. ...
  6. Protect your credit score. ...
  7. Rethink buying a home. ...
  8. Take care of your valuables.
23 Aug 2022

Is there a recession coming 2022? ›

Banks, including Citigroup, Deloitte and PNC Financial Services, previously predicted a slowdown in 2023, but recent forecasts say a recession could occur in 2022 or earlier in 2023 than formerly expected.

What is the best stock to buy in 2022? ›

Stocks With Growth Potential for 2022
  • Lithia Motors Inc. (LAD) ...
  • Travel + Leisure Co. (TNL) ...
  • Mueller Industries Inc. (MLI) ...
  • First BanCorp (FBP) ...
  • Herc Holdings Inc. ...
  • Devon Energy Corp. ...
  • Marathon Oil Corp. ...
  • Qualcomm Inc.
22 Sept 2022

Should I sell my stocks before a crash? ›

In theory, selling your stocks right before a market downturn is a smart strategy. You'll be selling when prices are still high, then you can reinvest once prices are at rock bottom to make a hefty profit.

What can you buy before inflation gets worse? ›

Here's where experts recommend you should put your money during an inflation surge
  • TIPS. TIPS stands for Treasury Inflation-Protected Securities. ...
  • Cash. Cash is often overlooked as an inflation hedge, says Arnott. ...
  • Short-term bonds. ...
  • Stocks. ...
  • Real estate. ...
  • Gold. ...
  • Commodities. ...
  • Cryptocurrency.

What industries are hurt by inflation? ›

Here are the industries most affected by inflation.
  1. Oil and gas extraction. Photo Credit: Jim Parkin / Shutterstock.
  2. Petroleum and coal products manufacturing. ...
  3. Primary metal manufacturing. ...
  4. Gasoline stations. ...
  5. Furniture and home furnishings stores. ...
  6. Motor vehicle and parts dealers. ...
  7. Truck transportation. ...
  8. Wood product manufacturing. ...

Where can I park cash for inflation? ›

Here are five inflation hedges that can help keep you afloat as prices rise:
  • Real estate. Single-family homes financed with low, fixed-rate mortgages tend to perform well during periods of inflation. ...
  • Value stocks. ...
  • Commodities. ...
  • TIPS. ...
  • I-Bonds.

What businesses do poorly in a recession? ›

A recession is “a significant decline in economic activity spread across the economy, lasting more than a few months.” Industries affected most include retail, restaurants, travel/tourism, leisure/hospitality, service purveyors, real estate, & manufacturing/warehouse.

What businesses thrive during inflation? ›

Here are some of them.
  • Wine. When inflation rises and purchasing power decreases, many investors turn to real assets for an inflation hedge. ...
  • Real estate. ...
  • Energy. ...
  • Bonds. ...
  • Financial Companies. ...
  • Commodities. ...
  • Healthcare. ...
  • Consumer staples.

Who suffers the most during a recession? ›

Although young adults in their 20s and 30s bore the brunt of the economic downturn, many Americans ages 50 and older—including baby boomers nearing retirement—were also affected, either directly or indirectly, by rising unemployment, falling home values, and the decline in the stock market.

What should you invest in during a recession? ›

During a recession, defensive stocks can help protect your portfolio. “Companies that sell essential services and goods, such as food, electricity (and) shelter are generally non-cyclical and less exposed to economic cycles,” Katz says.

What assets are recession proof? ›

Key Takeaways. Recession-proof refers to assets, companies, industries or other entities that do not decline in value during a recession. Examples of recession-proof assets include gold, US Treasury bonds, and cash, while examples of recession-proof industries are alcohol and utilities.

Which sector is recession proof? ›

The information technology sector is "recession proof" as clients will either spend on business transformation or cost takeout deals, said Rishad Premi, executive chairman Wipro, adding that clients have not stopped decision making on deals and spending amid inflation and recession fears.

What jobs are at risk during a recession? ›

Retail, restaurants, and hotels aren't the only businesses often hurt during a recession. Automotive, oil and gas, sports, real estate, and many others see heavy declines during times like these.

Who makes money with inflation? ›

Industrial metals like nickel, copper and steel also tend to do well during inflation. The same goes for natural gas and crude oil, which rose from less than $20 per 42-gallon barrel in April 2020 to more than $100 in March 2022.

Where do I put my money for inflation? ›

Here are five inflation hedges that can help keep you afloat as prices rise:
  1. Real estate. Single-family homes financed with low, fixed-rate mortgages tend to perform well during periods of inflation. ...
  2. Value stocks. ...
  3. Commodities. ...
  4. TIPS. ...
  5. I-Bonds.

How do you prepare for inflation 2022? ›

The Nowell Agency shares 6 tips for surviving inflation:
  1. Get rid of debt. ...
  2. Make a budget and stick to it. ...
  3. Start saving money. ...
  4. Invest in assets that will hold their value. ...
  5. Reduce costs. ...
  6. Consider bundling your insurance products.

What kind of jobs are lost during a recession? ›

The most vulnerable among these, according to Masjedi, include jobs in manufacturing plants, secretarial duties, inventory management, and responsibilities in the food preparation and service industry.

What does a recession do to the average person? ›

During a recession, a lot of people tend to lose their jobs. For instance, in the last recession, more than 22 million people were laid off. People who keep their jobs during a recession may have their hours and or commission rates reduced. Employers also tend to cut back on bonuses and raises during a recession.

Does a recession affect Social Security benefits? ›

A recession could affect when you begin claiming Social Security benefits. Deciding when to begin claiming Social Security benefits is a crucial retirement move, because it will affect how much you receive each month in benefits for the rest of your life.

Is cash good to have during a recession? ›

Put bluntly, cash can help during a recession because it's not stocks. While the stock market often picks up steam during the recovery phase, during the recession itself, stocks may plunge to new record lows or stagnate.

Do house prices go down in a recession? ›

Historically, house prices tend to fall when there is a deep and prolonged contraction in the economy with rising unemployment.


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Author: Kerri Lueilwitz

Last Updated: 11/19/2022

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Name: Kerri Lueilwitz

Birthday: 1992-10-31

Address: Suite 878 3699 Chantelle Roads, Colebury, NC 68599

Phone: +6111989609516

Job: Chief Farming Manager

Hobby: Mycology, Stone skipping, Dowsing, Whittling, Taxidermy, Sand art, Roller skating

Introduction: My name is Kerri Lueilwitz, I am a courageous, gentle, quaint, thankful, outstanding, brave, vast person who loves writing and wants to share my knowledge and understanding with you.