Archive for December 2009
With the economy showing signs of recovery, industry research firm IBISWorld analyzed more than 700 industries to identify the winning sectors in the coming year.
Many of the biggest industry losers during the recession are expecting a massive rebound in revenue growth and are on their way up in 2010:
The financial system, which was brought to its knees over the past two years, is showing signs of life. The biggest winners in the upcoming year will be:
- Venture Capital & Principal Trading – 63.4% rise in revenue, up from -28.9% in 2009
- Portfolio Management – 33.4% rise in revenue, up from -18.7% in 2009
- Real Estate Loans & Credit Lines – 27.4% rise in revenue, up from -3.1% in 2009
- Private Equity, Hedge Funds & Investment Vehicles – 21.4% rise in revenue, up from 10% in 2009
However, these industries have a long way to go before they return to pre-recession conditions.
Oil & Gas
Much like the finance sector, oil-related industries are expected to rebound strongly in 2010:
- Natural Gas – 24.3% rise in revenue, up from -35.5% in 2009
- Oil Drilling & Gas Extraction – 49.3% rise in revenue, up from -44% in 2009
- Petroleum Refining – 47.2% rise in revenue, up from -40% in 2009
- Gasoline & Petroleum Stations – 37.0% rise in revenue, up from -35% in 2009
Demand for crude oil and gas will rise substantially in 2010. With the recovery in the world economy and increasing revenue prospects for fuel distributors and retailers, operating conditions will be more favorable.
Virtually the entire automotive supply chain in 2010 will be in far better shape than the disasters of the past two years:
- Motor Vehicle Body Manufacturing – 12.5% rise in revenue, up from -26.8% in 2009
- Car & Automobile Manufacturing – 19.1% rise in revenue, up from -30.5% in 2009
In fact, these industries and New Car Dealers are the top three growth industries in terms of employment for 2010 – all of which will grow their employee size by more than 16 percent.
The telecommunications sector has remained resilient in the face of the recession, and is set to thrive during the recovery:
- Voice Over Internet Protocol Provider (VoIP) – 17.9% rise in revenue, compared to 30.8% in 2009
This sector is poised to prosper from a recovery with the government’s allocation of $7.2 billion in stimulus funds. Throughout the recovery, M&A activity is expected to continue as telecoms attempt to position themselves to make the most of the converged communications world that will emerge over the next decade.
Following a dismal year of retail demand over 2008 and much of 2009, the coming year is set to be far more positive for retailers:
- eCommerce & Online Auctions – 13.4% rise in revenue, up from -10.8% in 2009
Although spending in 2010 will not mirror the highs experienced throughout the economic boom, it will be significantly better than that of the past two years. eCommerce-related businesses will outperform the broader retail market, while women’s and children’s clothing sales will also experience favorable gains. However, men’s clothing will take longer to recover.
Operators that provide elective treatments had some trouble during the first half of 2009, as the labor market has deteriorated and consumer sentiments remained weak. But, demand should intensify for these industries from mid-2010 onwards:
- Dentists – 1.6% rise in revenue, up from 0.7% in 2009
- Chiropractors – 0.5% rise in revenue, up from -2.0% in 2009
- Physical Therapists – 2.0% rise in revenue, up from -1.0% in 2009
Other industries expected to experience solid growth during the recovery period include Donations, Grants and Endowments, Water Well Drilling, Mining Support, and Biotechnology.
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The New Year offers endless possibilities to set new goals and break bad habits. How about starting new couple habits that will strengthen your relationship?, says Dr. Noelle Nelson, relationship expert and author of Your Man is Wonderful (Free Press, 2009).
“Now is the time to take a look at some of ‘him-and-her’ patterns developed over the years. Keep those that work and change those that don’t,” says Nelson. “You know the ones, like the roll-your-eyes-snide-comment thing you do every time your husband laughs at what you consider to be some inane sitcom gag. Or your severe sigh and heavily judgmental, ‘I don’t want to talk about it’ way of ending arguments.”
These all worked to get your point across at some point in the relationship. “We don’t establish patterns because they will fail. Him-and-her patterns emerge because they work,” explains Nelson. “When you were first together, letting him know your opinion of a sitcom with a roll-eyes-snide-comment was cute. It certainly was more acceptable than saying something downright demeaning. But over time, it’s not cute, and in fact, can be downright irritating.”
In this example, Nelson points out that for the husband, watching sitcoms may relax him; take him away from a world of worry and responsibility. “Instead of rolling your eyes when he turns on his favorite show, accept the good that watching does for him,” says Nelson. “Don’t react negatively. Better yet, smile, knowing the show is of value to him.”
An “I don’t want to talk about it” pattern may have kept you from flying into a temper during an argument in the past, but now all it does is prevent you from discussing issues that need to be discussed if your relationship is to deepen and thrive. “Change that pattern to ‘I need some time to cool down. Let’s come back to it later. Is that okay?,” says Nelson. “That way, you can handle your heated emotions without dropping an issue that will only continue to fester if left unaddressed.
“We have patterns of behavior for all types of situations, continues Noelle. “We couldn’t function in our highly complex world if we didn’t have reliable patterns to go by. But left unexamined, our patterns can become a prison, keeping us locked in behaviors that no longer contribute to a happy, joyful life.”
Nelson suggestions that this New Year, take a fresh look at your him-and-her patterns. “Keep the ones that work,” she says, “and let go of the ones that don’t. With new patterns, you’ll see a surge of love and a stronger bond between the two of you.”
For more marriage tips, go to Nelson’s blog, http://anotefromdrnoelle.blogspot.com/ or follow her on Twitter, http://twitter.com/drnoellenelson.
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Here’s a sneak peek from Kourtney and Scott on their new life with baby Mason:
L&S: Congrats! How does it feel to be parents?
Kourtney: It feels amazing. It’s just so indescribable. You don’t get how good being a parent feels until it happens to you.
Scott: My first time holding him was definitely special. But holding him the second time was even more special, and the third time was even more special than that. I fall so much more in love with this kid every day. I can’t imagine how much more in love with him I’m going to be by the time he’s 5 or 10 or 20!
L&S: How was the labor itself?
Kourtney: It was surprisingly easy and just an incredible experience. I always thought your first is supposed to be really hard, but it was easy. I have an amazing doctor. He actually delivered me! The room environment was just so relaxing, and everyone I wanted to be there was there–Scott, my mom, Kim and Khloé. No one under 18 is allowed in, so my little sisters Kendall and Kylie couldn’t come in. Actually, you’re only allowed to have two people in the room because of the swine flu — so we snuck Kim and Khloé in!
L&S: What is your daily routine like now?
Kourtney: We’re on Mason’s schedule, waking up every couple of hours to breast-feed. But it’s fun to get up and see him. I miss him by the time I see him again.
L&S: Can you see having another baby in the future?
Kourtney: Right now I’m obsessed with Mason and want to give him all my time. But being with him has definitely made me think about having another one! Kim and I are 18 months apart. Growing up, we did everything together. It would be nice for Mason to have a little brother or sister that many months apart too.
For all the adorable baby photos and our full interview with couple, pick up the new issue of Life & Style Weekly, on newsstands now or click here to visit the website.
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