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Here are five hot industries every small business should know about.
"People often confuse or intermingle the objectives of pushing the region's economy forward by getting into the new hot industries with the mission of putting people to work," Mr. Levy said.
Other hot industries there include consumer goods, manufacturing, life sciences, technology and green technology.
Clusters of hot industries chasing shifts in consumer demand, government spending and pockets of cyclical industries can cause turmoil even for small "value" companies.
The availability of good technical managers has, to me, always held more of a stranglehold on some hot industries (such as biotechnology) than the availability of technology itself.
Hot industries will be domestic energy exploration and production plays, such as Nabors Industries and Patterson-UTI Energy, as the Bush energy plan passes this time.
Similar(46)
"This is really a hot industry," Mr. Anusart said.
Sheep farming was the hot industry here before a crash in wool prices at the start of the 1990s made paupers out of the land workers.
"For certain early-stage insights and design matters in a very fast-moving, hot industry, the proximity, even at the room level and the elevator level, is important," he said.
No, came the reply, it looked dubious compared with solid-asset industries like oil, railroads or even automobiles, the hot industry of the future in Wall Street's eyes.
Airlines were a hot industry and airline stocks were highly touted on Wall Street.
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