Three Primary Contributing Factors:
1. New technology
2. Foreign competition
3. Industry Stagnation
10 Dying Industries:
1. 77.1% Apparel Manufacturing
2. 76.3% Record Stores
3. 73.7% Manufactured Home Dealers
4. 69.1% Photofinishing
5. 54.9% Wired Telecommunications Carriers
6. 50.2% Mills
7. 35.9% Newspaper Publishing
8. 35.7% DVD, Game & Video Rental
9. 35% Formal Wear and Costume Rental
10. Video Postproduction Services
Ranking is based on percentage decrease in revenue from 2000 to 2010.
Slideshow and Full Story:
The Huffington Post: 10 Dying U.S. Industries: IBISWorld
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