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Top 10 Growth Industries

Updated on April 30, 2015

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The following 10 growth industries are those picked by IBIS World as poised for the highest growth among the 711 US-based industries they looked at. They based their rankings on ability to increase revenue, gross production, employment, productivity improvements, and profitability.

Here is the full article from Daily Finance:

Top 10 Growth Industries of 2011

iron-ore.jpg
iron-ore.jpg

#1: Iron Ore Mining

One of the top Growing Industries

Infrastructure projects are expected to pick up, which will fuel an increasing demand for iron and iron ore. Prices for these products are also expected to rise, which makes it more profitable and feasible for companies in this industry to expand their operations. And with worldwide growth, prices are not likely to go down in the future.

2 picks are BHP and Vale, which are big, diversified companies that also do a lot of other things besides iron ore.

investment-banking.jpg
investment-banking.jpg

#2: Investment Banking

A huge Growth Industry

Companies are in the best financial shape they've been in, in decades. They are sitting on a ton of cash right now, waiting to see what new government regulations bring before they make any big decisions. This means that we'll see a huge increase in merger and acquisition activity, which will profit the big investment banks.

A good pick for this industry is Goldman Sachs, acknowledged as having the smartest people on Wall Street working for them.

Where are you putting your money?

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homebuilding.jpg
homebuilding.jpg

#3: Multifamily Homebuildilng

One of the highest growth industries

With the real estate bubble of 2010, home-building slowed to almost nothing. However, with the credit crisis past us now, and interest rates at historical lows, home-building should once again pick up.

A good pick for this one is SPDR's Homebuilder ETF (XHB). It covers the total US Market and is far less risky than picking a single stock.

iron-ore.jpg
iron-ore.jpg

#4: Molybdenum and Other Metal Ore Mining

Molybdenum is used in specialty high-strength steels. There is a rising demand for metals of all kinds as the world become more industrialized. Prices for the raw materials is likely to never go down in price as supplies diminish.

A play on this would be the big mining company Rio Tinto (Rio), which owns a big mine in Utah

environmental-consulting.jpg
environmental-consulting.jpg

#5: Environmental Consulting

One of the rising industries for the future

Obama's plan for sustainable energy makes this field a sure-growth industry. With energy prices so high these days, it only makes sense to explore renewable energy. Also, companies and governments around the world are looking to reduce their carbon footprint.

A good play on this is Navigant Consulting (NCI)

aluminum.jpg
aluminum.jpg

#6: Aluminum Manufacturing

Increased economic activity will lead to increased demand for aluminum. After significant shut-downs in the sector in 2008/2009, this will be a welcome change.

Alcoa is one of the biggest and most promising companies of the bunch

Top 5 Tips to get Started with Investing

car-manufacturing.jpg
car-manufacturing.jpg

#7/8 Car Manufacturers and retailers

For the past couple years during the recent downturn, consumers have been putting off buying a new vehicle. However, consumer spending is increasing to pre-recession levels and this will include new car purchases. All 4 of the major US manufactures have recorded promising results recently.

The best of the bunch is Ford. They have excellent management and never received any of the government bail-outs.

airline.jpg
airline.jpg

#9 Domestic Airlines

Improving consumer and business confidence will lead to higher sales for domestic airlines. A weak US dollar is also encouraging tourism from Canada, and overseas.

The ETF FAA is a good play on this, as well as Boeing Airlines (BA).

financial-planner.jpg
financial-planner.jpg

#10: Financial Planning and Advice

Many people took their money out of the financial markets during the recent recession but with the upturn in the economy, they should be heading back. Financial planners will increase their profits as more people begin investing again.

Merrill Lynch (MER) is one of the biggest and most reputable companies in this sector.

Where are you investing your money?

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    • profile image

      twing-kewl 

      6 years ago

      Great and well-researched list!

    • profile image

      anonymous 

      6 years ago

      I guess #5 (Environmental Consulting) is a good complement to #1 (Iron Ore Mining), #4 (Other Metal Ore Mining, shown with a picture of an open-pit mine) and #6 (Aluminum Manufacturing). This is almost as good as Warren Buffet investing in Coka Cola, while at he same time investing in DaVita dialysis ceenters.

    • aesta1 profile image

      Mary Norton 

      7 years ago from Ontario, Canada

      Good to see a more substantial lens in this niche. Blessed!

    • profile image

      lizcouver 

      7 years ago

      i had great time reading your blog .. its very useful thanks :)

    • CruiseReady profile image

      CruiseReady 

      7 years ago from East Central Florida

      I am investing in extra storable groceries and paying my mortgage ahead, just in case . . .

    • profile image

      sangadhie 

      7 years ago

      really nice lens

      Daily FX

    • profile image

      Squidoo_Queen 

      7 years ago

      Good lens - I really must spend some time looking into stocks this year.

    • profile image

      anonymous 

      7 years ago

      Very nice lens.Thanks for sharing. strategic planning software

    • profile image

      anonymous 

      7 years ago

      Very nice lens

    • DogToys LM profile image

      DogToys LM 

      7 years ago

      Nice lens, I don't know about Iron Ore, but Investment Banks I think 2012 will be their year, not 2011.

    • CruiseReady profile image

      CruiseReady 

      7 years ago from East Central Florida

      As usual I am stickingwith the old tried and true blue chis\ps.

    • aesta1 profile image

      Mary Norton 

      7 years ago from Ontario, Canada

      I have some commodities that have only gone up now after many years of holding on to them, mostly penny stocks, of course. But I have some that immediately gave me profits but often, this is a result of extensive research and just the right timing. Like the companies as I have some of them in my own portfolio.

    • CliveAnderson LM profile image

      CliveAnderson LM 

      7 years ago

      Investing in commodities is fine, but you do have to wait most of the time for a worthy return. However as Rachel has pointed out, investing in yourself is one of the best ways forward. Learn how to get the things you want in life and you will then know how to go get them on your terms. Takes time, dedication and determination.

      Even a dog when he has a stick in his mouth can be lifted off of the ground and still will not let go... Get that kind of attitude and the world is your oyster.

      Warm Regards,

      Clive

    • MikeEssex profile image

      MikeEssex 

      7 years ago

      Anything environmental. It continues to grow as a sector, has a feel good factor and may become the only way we can protect the planet so has to develop more.

    • profile image

      Rachellewms 

      7 years ago

      In 2011, I plan on investing more in myself - that includes financial investments as well. Thanks for giving me some good ideas.

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