From activities related to real estate to dry cleaning and laundry services, a number of industries are still struggling to boost revenue dating back to at least 2009.
Financial research firm Sageworks Inc. in Raleigh N.C., tracked the 10 slowest growing industries from its proprietary database of privately held company financial statements aggregated by industry.
Each day, approximately 1,000 of these financial statements are collected by the company from accounting firms, banks, and credit unions through a cooperative data model with Sageworks clients, according to the firm.
The slowest growing industries in the United States are:
2008 2009 2010 2011 Last 12 months
1. Land subdivision -24.4% -16.5% -1.0%
-2.3%
-2.5%
2. Residential building -9.5%
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