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by bush-bby 1516 days ago
Any company who’s customer is the government. There’s only one entity that spends money in a recession, and that’s the government. Safest job you could have is one working for the federal government. Everything else is speculative and subjective to whatever is influencing the economy at any given point.
2 comments

I would add that industries that contract with or supply tools for the government work would be good. Things related to infrastructure would likely be good. However, they already had an infrastructure bill and companies like CAT might be over bought.
> There’s only one entity that spends money in a recession

in a recession consumers still spend, but they often shift from high price to lower price.

iirc it's a depression where things get really vicious cycle w/o gov't