Economic Development Futures Journal

Friday, February 07, 2003

counter statistics

Industry Growth Forecast

Everybody wants to know how much our major industry sectors will grow this year. Overall, the answer is not much, but those expected to gain some ground, or grow, in 2003 include:

- Building materials, 0.5%
- Packaging and containers, 0.5%
- Biotechnology, 7.3%
- Cable TV, 5.3%
- Hotels and gaming, 0.7%
- Medical services, 2.7%
- Recreational goods and services, 2.7%
- Advertising, 1.9%
- Computer software and services, 2.5%
- Industrial services, 2.5%
- Legal services, 1.3%
- Real estate investment trusts, 1.7%

You may want to look at some of these industries a bit closer to determine if they represent near-term growth opportunities for your area. At least this is a starting point.

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