Business Buyer School Research · Dataset · Version 2026.1
Recession Resistance Dataset 2026
167 U.S. industries at four digit NAICS: 152 ranked and 15 unranked low confidence, with the 288 code industry universe behind them.
Business Buyer School calculation and score. Scores, ranks, drawdowns and recoveries are calculated by Business Buyer School from Census Bureau BDS and BLS QCEW data. They describe whole industries, not any one business, and are not predictions or a measure of profit or failure.
- Version 2026.1 published
- October 5, 2026
- Analysis prepared
- October 4, 2026
- Great Recession data
- Census Bureau Business Dynamics Statistics, 2023 release (March 2007 to March 2023)
- COVID data
- BLS Quarterly Census of Employment and Wages, monthly employment, 2018 to 2025 (2025 provisional)
This is the data behind the full study and the short version. How it was built is on the methodology page. Unranked industries carry the lowest confidence tier and no rank; unranked is not a poor result.
Downloads
- Recession Resistance Dataset 2026, 167 industries (CSV) text/csv
- Recession Resistance Dataset 2026 (JSON) application/json
- Industry universe, 288 codes with inclusion decisions and reasons (CSV) text/csv
- Industry universe (JSON) application/json
Checksums: SHA256SUMS.txt. A data license has not been published; short quotations with attribution and a link are welcome. The underlying Census Bureau and BLS statistics are published by those agencies.
All 167 industries
| Rank | NAICS | Industry | Confidence | Score (Model A) | Great Recession job change | Great Recession recovery (years) | COVID job change | COVID recovery (months) | Stability |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5239 | Other Financial Investment Activities | High | 87.2 | 0.0% | no decline | 0.0% | no decline | stable top quartile |
| 2 | 5191 | Other Information Services | Medium | 87.2 | 0.0% | no decline | 0.0% | no decline | stable top quartile |
| 3 | 5415 | Computer Systems Design and Related Services | Medium | 86.1 | 0.0% | no decline | -0.9% | 4 | stable top quartile |
| 4 | 4242 | Drugs and Druggists' Sundries Merchant Wholesalers | High | 85.9 | 0.0% | no decline | -3.5% | 7 | stable top quartile |
| 5 | 5416 | Management, Scientific, and Technical Consulting Services | High | 84.0 | 0.0% | no decline | -3.8% | 7 | stable top quartile |
| 6 | 6214 | Outpatient Care Centers | High | 83.8 | 0.0% | no decline | -4.4% | 6 | stable top quartile |
| 7 | 6215 | Medical and Diagnostic Laboratories | High | 82.6 | 0.0% | no decline | -7.6% | 6 | stable top quartile |
| 8 | 6219 | Other Ambulatory Health Care Services | Medium | 82.2 | 0.0% | no decline | -4.2% | 19 | stable top quartile |
| 9 | 6211 | Offices of Physicians | High | 82.1 | 0.0% | no decline | -9.6% | 8 | stable top quartile |
| 10 | 5412 | Accounting, Tax Preparation, Bookkeeping, and Payroll Services | High | 80.7 | 0.0% | no decline | -7.5% | 10 | stable top quartile |
| 11 | 4451 | Grocery Stores | Medium | 79.9 | -0.8% | 5 | -1.0% | 2 | stable top quartile |
| 12 | 4453 | Beer, Wine, and Liquor Stores | High | 79.5 | 0.0% | no decline | -12.6% | 5 | stable top quartile |
| 13 | 4248 | Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers | High | 79.2 | -1.0% | 4 | -5.0% | 21 | stable top quartile |
| 14 | 3119 | Other Food Manufacturing | Medium | 79.0 | -0.5% | 3 | -4.3% | 7 | stable top quartile |
| 15 | 6216 | Home Health Care Services | Medium | 79.0 | 0.0% | no decline | -6.3% | 20 | stable top quartile |
| 16 | 5616 | Investigation and Security Services | High | 77.5 | 0.0% | no decline | -10.0% | 25 | stable top quartile |
| 17 | 5112 | Software Publishers | High | 77.1 | -2.0% | 4 | 0.0% | no decline | stable top quartile |
| 18 | 3111 | Animal Food Manufacturing | Medium | 74.9 | -4.0% | 7 | 0.0% | no decline | stable top quartile |
| 19 | 6213 | Offices of Other Health Practitioners | High | 74.6 | 0.0% | no decline | -21.2% | 11 | stable top quartile |
| 20 | 5313 | Activities Related to Real Estate | High | 73.6 | -4.9% | 7 | -4.1% | 8 | stable top quartile |
| 21 | 4245 | Farm Product Raw Material Merchant Wholesalers | High | 73.6 | -0.8% | 6 | -4.9% | 19 | stable top quartile |
| 22 | 4541 | Electronic Shopping and Mail-Order Houses | Medium | 73.0 | -8.0% | 5 | -5.3% | 3 | stable top quartile |
| 23 | 5621 | Waste Collection | High | 72.8 | -5.1% | 7 | -3.0% | 5 | stable top quartile |
| 24 | 5617 | Services to Buildings and Dwellings | High | 72.7 | -3.7% | 5 | -11.0% | 4 | stable top quartile |
| 25 | 5417 | Scientific Research and Development Services | High | 72.5 | -10.4% | 9 | 0.0% | no decline | stable top quartile |
| 26 | 4884 | Support Activities for Road Transportation | Medium | 72.0 | -1.8% | 4 | -11.7% | 8 | stable top quartile |
| 27 | 5629 | Remediation and Other Waste Management Services | High | 70.0 | -5.4% | 4 | -8.7% | 15 | stable top quartile |
| 28 | 4236 | Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | High | 69.9 | -1.2% | 4 | -6.3% | 25 | moderate |
| 29 | 5419 | Other Professional, Scientific, and Technical Services | High | 69.1 | -0.6% | 7 | -11.3% | 7 | stable top quartile |
| 30 | 4471 | Gasoline Stations | High | 69.0 | -5.1% | 7 | -7.4% | 16 | stable top quartile |
| 31 | 5182 | Data Processing, Hosting, and Related Services | High | 68.8 | -4.7% | 4 | 0.0% | no decline | moderate |
| 32 | 6116 | Other Schools and Instruction | High | 68.4 | 0.0% | no decline | -38.2% | 25 | moderate |
| 33 | 6212 | Offices of Dentists | High | 67.5 | 0.0% | no decline | -54.3% | 12 | moderate |
| 34 | 8129 | Other Personal Services | High | 67.0 | 0.0% | no decline | -42.6% | 25 | moderate |
| 35 | 5242 | Agencies, Brokerages, and Other Insurance Related Activities | High | 66.9 | -9.0% | 9 | -1.4% | 5 | moderate |
| 36 | 5311 | Lessors of Real Estate | High | 66.7 | -4.8% | 6 | -8.0% | 27 | moderate |
| 37 | 4244 | Grocery and Related Product Merchant Wholesalers | High | 66.1 | -3.2% | 8 | -9.2% | 27 | moderate |
| 38 | 5411 | Legal Services | High | 66.0 | -4.6% | not recovered | -5.1% | 15 | method-sensitive |
| 39 | 8121 | Personal Care Services | High | 64.9 | 0.0% | no decline | -73.5% | 39 | moderate |
| 40 | 5413 | Architectural, Engineering, and Related Services | High | 64.9 | -9.8% | 7 | -3.3% | 14 | moderate |
| 41 | 6244 | Child Day Care Services | High | 64.7 | 0.0% | no decline | -33.3% | 32 | moderate |
| 42 | 7223 | Special Food Services | High | 64.3 | 0.0% | no decline | -55.6% | 30 | moderate |
| 43 | 8122 | Death Care Services | High | 64.0 | -2.1% | 5 | -9.9% | 19 | moderate |
| 44 | 4238 | Machinery, Equipment, and Supplies Merchant Wholesalers | High | 63.9 | -9.9% | 6 | -5.8% | 25 | moderate |
| 45 | 8113 | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | High | 62.7 | -4.1% | 6 | -9.3% | 19 | moderate |
| 46 | 3256 | Soap, Cleaning Compound, and Toilet Preparation Manufacturing | Medium | 62.5 | -14.5% | 14 | -5.0% | 5 | moderate |
| 47 | 3121 | Beverage Manufacturing | Medium | 62.3 | -7.3% | 5 | -19.6% | 13 | moderate |
| 48 | 4413 | Automotive Parts, Accessories, and Tire Stores | High | 62.0 | -4.0% | 5 | -10.7% | 24 (annual data) | moderate |
| 49 | 7212 | RV (Recreational Vehicle) Parks and Recreational Camps | Medium | 61.1 | -5.0% | 5 | -44.9% | 4 | moderate |
| 50 | 4461 | Health and Personal Care Stores | High | 60.6 | -5.5% | 8 | -16.6% | 19 | moderate |
| 51 | 4234 | Professional and Commercial Equipment and Supplies Merchant Wholesalers | High | 60.4 | -12.0% | not recovered | -2.9% | 16 | moderate |
| 52 | 7113 | Promoters of Performing Arts, Sports, and Similar Events | Medium | 60.4 | 0.0% | no decline | -61.1% | 29 | moderate |
| 53 | 6114 | Business Schools and Computer and Management Training | Medium | 60.0 | -7.9% | 12 | -7.4% | 12 | moderate |
| 54 | 4885 | Freight Transportation Arrangement | High | 59.5 | -11.5% | 8 | -6.3% | 16 | moderate |
| 55 | 7131 | Amusement Parks and Arcades | Medium | 59.0 | 0.0% | no decline | -77.0% | 16 | moderate |
| 56 | 4452 | Specialty Food Stores | High | 58.7 | 0.0% | no decline | -24.9% | 20 | moderate |
| 57 | 7139 | Other Amusement and Recreation Industries | High | 58.6 | -3.8% | 5 | -59.3% | 16 | moderate |
| 58 | 4237 | Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers | High | 58.2 | -17.3% | 10 | -4.7% | 14 | moderate |
| 59 | 4533 | Used Merchandise Stores | High | 58.0 | 0.0% | no decline | -57.3% | 24 (annual data) | moderate |
| 60 | 7225 | Restaurants and Other Eating Places | High | 57.9 | -2.4% | 5 | -44.7% | 27 | moderate |
| 61 | 6115 | Technical and Trade Schools | High | 57.6 | -7.8% | 3 | -21.3% | 19 | moderate |
| 62 | 4239 | Miscellaneous Durable Goods Merchant Wholesalers | High | 57.3 | -8.4% | 5 | -15.4% | 19 | moderate |
| 63 | 4246 | Chemical and Allied Products Merchant Wholesalers | High | 56.2 | -10.1% | 7 | -4.1% | 28 | moderate |
| 64 | 4231 | Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | High | 56.1 | -9.7% | 8 | -9.8% | 23 | moderate |
| 65 | 4841 | General Freight Trucking | High | 55.9 | -14.0% | 9 | -7.6% | 16 | moderate |
| 66 | 4441 | Building Material and Supplies Dealers | High | 55.2 | -14.4% | 11 | 0.0% | no decline | method-sensitive |
| 66 | 7211 | Traveler Accommodation | High | 55.2 | -6.1% | 5 | -54.8% | not recovered | moderate |
| 68 | 8111 | Automotive Repair and Maintenance | High | 54.7 | -9.7% | 9 | -19.0% | 16 | moderate |
| 69 | 2379 | Other Heavy and Civil Engineering Construction | High | 54.5 | -11.2% | 5 | -8.4% | 18 | moderate |
| 70 | 4442 | Lawn and Garden Equipment and Supplies Stores | High | 53.8 | -12.2% | 14 | -4.4% | 12 | moderate |
| 71 | 4251 | Wholesale Electronic Markets and Agents and Brokers | High | 52.9 | -2.2% | 6 | -10.7% | 33 | method-sensitive |
| 72 | 5622 | Waste Treatment and Disposal | Medium | 52.7 | -20.6% | 12 | -1.8% | 17 | moderate |
| 73 | 4539 | Other Miscellaneous Store Retailers | High | 52.6 | -9.5% | 8 | -21.5% | 9 | moderate |
| 74 | 3391 | Medical Equipment and Supplies Manufacturing | High | 52.0 | -8.5% | 16 | -9.9% | 21 | moderate |
| 75 | 5324 | Commercial and Industrial Machinery and Equipment Rental and Leasing | High | 51.9 | -12.6% | 6 | -17.4% | 25 | moderate |
| 76 | 3339 | Other General Purpose Machinery Manufacturing | High | 51.7 | -17.2% | 8 | -7.7% | 25 | moderate |
| 77 | 4247 | Petroleum and Petroleum Products Merchant Wholesalers | High | 51.7 | -3.9% | not recovered | -7.1% | not recovered | method-sensitive |
| 78 | 3118 | Bakeries and Tortilla Manufacturing | High | 51.6 | -6.5% | 9 | -18.9% | 20 | moderate |
| 79 | 3113 | Sugar and Confectionery Product Manufacturing | Medium | 50.9 | -10.2% | 6 | -17.2% | 8 | method-sensitive |
| 80 | 5614 | Business Support Services | High | 50.3 | -5.8% | 11 | -10.7% | not recovered | moderate |
| 81 | 5418 | Advertising, Public Relations, and Related Services | High | 49.8 | -9.4% | 7 | -14.4% | 27 | moderate |
| 82 | 5121 | Motion Picture and Video Industries | High | 48.0 | -9.7% | 7 | -55.2% | 20 | moderate |
| 83 | 3329 | Other Fabricated Metal Product Manufacturing | High | 47.0 | -12.7% | not recovered | -9.7% | 33 | moderate |
| 84 | 3255 | Paint, Coating, and Adhesive Manufacturing | Medium | 46.6 | -21.4% | 14 | -7.4% | 20 | moderate |
| 85 | 4543 | Direct Selling Establishments | High | 46.6 | -18.5% | not recovered | -9.4% | 9 | moderate |
| 86 | 2371 | Utility System Construction | High | 46.5 | -13.9% | 8 | -11.3% | 30 | moderate |
| 87 | 4249 | Miscellaneous Nondurable Goods Merchant Wholesalers | High | 46.4 | -12.3% | not recovered | -8.4% | 25 | moderate |
| 88 | 4511 | Sporting Goods, Hobby, and Musical Instrument Stores | High | 46.3 | -8.9% | 6 | -42.8% | 8 | moderate |
| 89 | 4481 | Clothing Stores | High | 45.2 | -5.4% | 4 | -70.8% | not recovered | moderate |
| 90 | 4842 | Specialized Freight Trucking | High | 44.9 | -15.1% | 12 | -10.7% | 28 | moderate |
| 91 | 5179 | Other Telecommunications | Medium | 44.4 | -24.6% | 15 | -0.1% | 15 | method-sensitive |
| 92 | 2382 | Building Equipment Contractors | High | 44.4 | -20.7% | 11 | -12.8% | 13 | moderate |
| 93 | 4853 | Taxi and Limousine Service | High | 43.7 | -11.2% | 5 | -53.0% | 46 | moderate |
| 94 | 7224 | Drinking Places (Alcoholic Beverages) | High | 43.1 | -2.4% | 7 | -74.4% | 26 | moderate |
| 95 | 8112 | Electronic and Precision Equipment Repair and Maintenance | High | 41.5 | -19.6% | not recovered | -8.3% | 21 | moderate |
| 96 | 5312 | Offices of Real Estate Agents and Brokers | High | 41.2 | -31.1% | 13 | -8.2% | 7 | method-sensitive |
| 97 | 5151 | Radio and Television Broadcasting | High | 41.0 | -15.5% | not recovered | -10.9% | 24 (annual data) | moderate |
| 98 | 3323 | Architectural and Structural Metals Manufacturing | High | 40.4 | -25.1% | 16 | -8.7% | 23 | moderate |
| 99 | 5223 | Activities Related to Credit Intermediation | Medium | 40.2 | -30.8% | not recovered | -2.0% | 4 | method-sensitive |
| 100 | 3279 | Other Nonmetallic Mineral Product Manufacturing | Medium | 40.0 | -24.8% | 12 | -12.2% | 25 | moderate |
| 101 | 5414 | Specialized Design Services | High | 39.7 | -18.7% | 15 | -15.8% | 16 | moderate |
| 102 | 3333 | Commercial and Service Industry Machinery Manufacturing | Medium | 39.0 | -17.6% | not recovered | -9.7% | not recovered | moderate |
| 103 | 4235 | Metal and Mineral (except Petroleum) Merchant Wholesalers | High | 37.8 | -15.5% | not recovered | -10.6% | not recovered | moderate |
| 104 | 4233 | Lumber and Other Construction Materials Merchant Wholesalers | High | 37.7 | -32.2% | not recovered | -7.1% | 13 | moderate |
| 105 | 2389 | Other Specialty Trade Contractors | High | 37.7 | -29.8% | 10 | -13.5% | 3 | method-sensitive |
| 106 | 3332 | Industrial Machinery Manufacturing | Medium | 37.6 | -28.5% | not recovered | -7.4% | 16 | moderate |
| 107 | 8114 | Personal and Household Goods Repair and Maintenance | High | 37.0 | -17.7% | 16 | -24.8% | 14 | moderate |
| 108 | 3259 | Other Chemical Product and Preparation Manufacturing | Medium | 36.8 | -19.3% | not recovered | -7.7% | not recovered | moderate |
| 109 | 3353 | Electrical Equipment Manufacturing | Medium | 36.6 | -19.6% | not recovered | -7.3% | 33 | moderate |
| 110 | 5619 | Other Support Services | High | 36.4 | -18.1% | 16 | -22.6% | 30 | moderate |
| 111 | 3273 | Cement and Concrete Product Manufacturing | High | 36.0 | -35.4% | not recovered | -6.9% | 15 | moderate |
| 112 | 2373 | Highway, Street, and Bridge Construction | High | 35.9 | -19.9% | not recovered | -18.4% | 14 | moderate |
| 113 | 6239 | Other Residential Care Facilities | Medium | 35.9 | -13.9% | not recovered | -8.5% | 52 | moderate |
| 114 | 3219 | Other Wood Product Manufacturing | High | 35.7 | -35.6% | not recovered | -8.4% | 9 | moderate |
| 115 | 4411 | Automobile Dealers | High | 35.3 | -18.1% | 9 | -21.2% | not recovered | moderate |
| 116 | 4482 | Shoe Stores | High | 34.8 | -6.6% | 7 | -51.1% | not recovered | moderate |
| 117 | 4232 | Furniture and Home Furnishing Merchant Wholesalers | High | 34.4 | -21.8% | not recovered | -16.4% | 23 | moderate |
| 118 | 3149 | Other Textile Product Mills | High | 33.8 | -18.6% | not recovered | -21.4% | not recovered | moderate |
| 119 | 2362 | Nonresidential Building Construction | High | 32.7 | -25.0% | not recovered | -12.8% | 27 | moderate |
| 120 | 2361 | Residential Building Construction | High | 31.9 | -41.5% | 16 | -14.4% | 5 | method-sensitive |
| 121 | 4241 | Paper and Paper Product Merchant Wholesalers | High | 31.3 | -15.8% | not recovered | -12.6% | not recovered | stable bottom quartile |
| 122 | 3211 | Sawmills and Wood Preservation | Medium | 30.7 | -30.5% | not recovered | -6.8% | 23 | moderate |
| 123 | 2381 | Foundation, Structure, and Building Exterior Contractors | High | 30.0 | -42.1% | not recovered | -12.9% | 3 | moderate |
| 124 | 3399 | Other Miscellaneous Manufacturing | High | 29.9 | -25.9% | not recovered | -22.0% | 25 | moderate |
| 125 | 3327 | Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing | High | 29.5 | -18.1% | not recovered | -13.1% | not recovered | moderate |
| 126 | 8123 | Drycleaning and Laundry Services | High | 29.4 | -15.8% | not recovered | -30.0% | not recovered | stable bottom quartile |
| 127 | 4412 | Other Motor Vehicle Dealers | High | 29.1 | -29.3% | 15 | -19.4% | 13 | moderate |
| 128 | 3328 | Coating, Engraving, Heat Treating, and Allied Activities | High | 29.0 | -21.0% | not recovered | -14.2% | not recovered | moderate |
| 129 | 4431 | Electronics and Appliance Stores | High | 28.9 | -16.8% | not recovered | -13.1% | not recovered | stable bottom quartile |
| 130 | 3321 | Forging and Stamping | Medium | 28.5 | -19.0% | not recovered | -17.5% | not recovered | moderate |
| 131 | 4243 | Apparel, Piece Goods, and Notions Merchant Wholesalers | High | 27.2 | -17.9% | not recovered | -28.3% | not recovered | stable bottom quartile |
| 132 | 3272 | Glass and Glass Product Manufacturing | Medium | 26.7 | -18.8% | not recovered | -18.5% | not recovered | stable bottom quartile |
| 133 | 3372 | Office Furniture (including Fixtures) Manufacturing | Medium | 25.7 | -28.1% | not recovered | -16.4% | not recovered | stable bottom quartile |
| 134 | 5615 | Travel Arrangement and Reservation Services | High | 24.3 | -13.3% | not recovered | -41.4% | not recovered | stable bottom quartile |
| 135 | 3335 | Metalworking Machinery Manufacturing | High | 23.5 | -22.1% | not recovered | -15.0% | not recovered | stable bottom quartile |
| 136 | 2383 | Building Finishing Contractors | High | 22.8 | -37.0% | not recovered | -19.3% | 27 | stable bottom quartile |
| 137 | 3231 | Printing and Related Support Activities | High | 22.2 | -26.8% | not recovered | -19.6% | not recovered | stable bottom quartile |
| 138 | 5111 | Newspaper, Periodical, Book, and Directory Publishers | High | 20.3 | -33.4% | not recovered | -18.6% | not recovered | stable bottom quartile |
| 139 | 3371 | Household and Institutional Furniture and Kitchen Cabinet Manufacturing | High | 19.2 | -39.0% | not recovered | -24.1% | 20 | stable bottom quartile |
| 140 | 5321 | Automotive Equipment Rental and Leasing | High | 18.6 | -24.6% | not recovered | -29.5% | not recovered | stable bottom quartile |
| 141 | 4483 | Jewelry, Luggage, and Leather Goods Stores | High | 18.3 | -20.8% | not recovered | -46.6% | not recovered | stable bottom quartile |
| 142 | 4531 | Florists | High | 18.0 | -31.7% | not recovered | -47.1% | 20 | stable bottom quartile |
| 143 | 4421 | Furniture Stores | High | 17.8 | -28.1% | not recovered | -32.9% | not recovered | stable bottom quartile |
| 144 | 4532 | Office Supplies, Stationery, and Gift Stores | High | 17.0 | -20.5% | not recovered | -45.6% | not recovered | stable bottom quartile |
| 145 | 4542 | Vending Machine Operators | Medium | 16.0 | -27.1% | not recovered | -34.9% | not recovered | stable bottom quartile |
| 146 | 2372 | Land Subdivision | Medium | 15.3 | -68.1% | not recovered | -11.4% | not recovered | stable bottom quartile |
| 147 | 4422 | Home Furnishings Stores | High | 14.2 | -30.2% | not recovered | -41.6% | not recovered | stable bottom quartile |
| 148 | 3141 | Textile Furnishings Mills | Medium | 13.9 | -32.2% | not recovered | -26.6% | not recovered | stable bottom quartile |
| 149 | 5323 | General Rental Centers | Medium | 13.0 | -42.3% | not recovered | -24.0% | not recovered | stable bottom quartile |
| 150 | 5322 | Consumer Goods Rental | High | 10.2 | -36.6% | not recovered | -34.2% | not recovered | stable bottom quartile |
| 151 | 3152 | Cut and Sew Apparel Manufacturing | High | 10.0 | -36.5% | not recovered | -40.6% | not recovered | stable bottom quartile |
| 152 | 4512 | Book Stores and News Dealers | High | 7.7 | -37.7% | not recovered | -62.5% | not recovered | stable bottom quartile |
| unranked | 3132 | Fabric Mills | Low | 14.6 | -34.2% | not recovered | -19.7% | not recovered | not tested |
| unranked | 3133 | Textile and Fabric Finishing and Fabric Coating Mills | Low | 17.1 | -31.9% | not recovered | -22.6% | not recovered | not tested |
| unranked | 3169 | Other Leather and Allied Product Manufacturing | Low | 25.3 | -25.1% | not recovered | -24.4% | 9 | not tested |
| unranked | 3253 | Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing | Low | 79.1 | -4.5% | 5 | 0.0% | no decline | not tested |
| unranked | 3271 | Clay Product and Refractory Manufacturing | Low | 20.4 | -33.3% | not recovered | -17.1% | not recovered | not tested |
| unranked | 3322 | Cutlery and Handtool Manufacturing | Low | 25.9 | -28.7% | not recovered | -11.7% | 25 | not tested |
| unranked | 3325 | Hardware Manufacturing | Low | 25.6 | -34.4% | not recovered | -11.7% | not recovered | not tested |
| unranked | 3326 | Spring and Wire Product Manufacturing | Low | 21.9 | -24.7% | not recovered | -15.6% | not recovered | not tested |
| unranked | 3351 | Electric Lighting Equipment Manufacturing | Low | 33.1 | -23.2% | not recovered | -13.9% | not recovered | not tested |
| unranked | 3379 | Other Furniture Related Product Manufacturing | Low | 26.3 | -29.3% | not recovered | -25.6% | 6 | not tested |
| unranked | 4859 | Other Transit and Ground Passenger Transportation | Low | 65.5 | 0.0% | no decline | -30.7% | 56 | not tested |
| unranked | 4872 | Scenic and Sightseeing Transportation, Water | Low | 48.4 | -8.8% | 5 | -67.5% | 15 | not tested |
| unranked | 5122 | Sound Recording Industries | Low | 60.6 | -7.8% | 7 | -9.5% | 19 | not tested |
| unranked | 7114 | Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures | Low | 57.1 | -3.1% | 6 | -28.8% | 29 | not tested |
| unranked | 7213 | Rooming and Boarding Houses, Dormitories, and Workers' Camps | Low | 42.8 | -5.2% | 5 | -33.5% | not recovered | not tested |
Industry universe
| Rule | Applies to | Industries excluded |
|---|---|---|
| U1 | Not acquirable as an operating small business (farming, mining, utilities, regulated finance and similar) | 25 |
| U2 | Nonprofit, government, religious or public service dominated, or licensed gaming and franchise assets | 23 |
| U3 | Infrastructure, common carrier, telecom, port, rail, pipeline and network industries | 15 |
| U4 | Mean employees per firm above 75 in 2007 or 2019 | 42 |
| U5 | Owner practitioner industries (3.5 or fewer employees per firm) | 1 |
| U6 | Fewer than 500 establishments or 5,000 employees in any year 2007 to 2023 | 15 |
The full list of 288 codes, with each decision and reason, is in the universe file above.
Field notes
One row per industry (167 rows: 152 ranked, 15 unranked low confidence). Percent columns are in percent (−20.7 means −20.7%). Drawdowns are 0 or negative.
| Column | Description |
|---|---|
rank | Rank by Model A score among High and Medium confidence industries; ties share a rank; blank for unranked low-confidence industries. |
ranking_status | ranked or unranked low confidence. |
naics_4 | 4-digit NAICS code, 2017 vintage (BDS). |
official_industry_name | Census/NAICS industry title. |
buyer_school_industry_note | Plain-English description of buyer-relevant contents of the 4-digit code (not a statistic). |
parent_sector | Two-digit NAICS sector name. |
confidence | High / Medium / Low tier (methodology Section 5). |
confidence_basis | Rule that set the tier. |
recession_resistance_score_model_A | Business Buyer School score 0 to 100, higher more resilient; weights in methodology Section 7. |
score_B_drawdown_heavy | Score under Model B. |
score_C_recovery_heavy | Score under Model C. |
score_D_equal_weights | Score under Model D. |
score_E_employment_only | Score under Model E. |
rank_B_drawdown_heavy | Rank under Model B. |
rank_C_recovery_heavy | Rank under Model C. |
rank_D_equal_weights | Rank under Model D. |
rank_E_employment_only | Rank under Model E. |
rank_F_zscore_winsorised | Rank under Model F (winsorised z-scores). |
rank_range_across_models | Max rank minus min rank across the six models. |
stability_class | stable top quartile / stable bottom quartile / moderate / method-sensitive. |
share_of_weight_draws_in_top_quartile | Share of 3,000 random weightings (Dirichlet around Model A) in which the industry is in the top quartile. |
comp_gr_employment_drawdown_pctile | Component percentile, Great Recession employment drawdown. |
comp_gr_establishment_drawdown_pctile | Component percentile, Great Recession establishment drawdown. |
comp_gr_recovery_pctile | Component percentile, Great Recession employment recovery time. |
comp_covid_employment_drawdown_pctile | Component percentile, COVID employment drawdown. |
comp_covid_establishment_drawdown_pctile | Component percentile, COVID establishment drawdown. |
comp_covid_recovery_pctile | Component percentile, COVID employment recovery time. |
comp_volatility_pctile | Component percentile, long-run volatility (lower volatility scores higher). |
gr_employment_2007_bds | BDS employment, March 2007. |
gr_employment_trough_bds | Lowest BDS employment, March 2008 to 2012. |
gr_employment_trough_year | Year of that trough; blank if no decline. |
gr_employment_drawdown_pct | min(0, trough/2007 − 1) in percent. |
gr_employment_recovery_year | First year after trough with employment at or above 2007. |
gr_employment_recovery_years_from_2007 | Recovery year minus 2007; 0 = no decline. |
gr_employment_recovery_status | recovered / no decline observed / not recovered during observation period (through 2023). |
gr_establishments_2007_bds | BDS establishments, March 2007. |
gr_establishments_trough_bds | Lowest BDS establishments 2008 to 2012. |
gr_establishment_drawdown_pct | Establishment drawdown in percent. |
gr_establishment_recovery_year | First year after trough at or above 2007. |
gr_establishment_recovery_status | Status as above. |
covid_employment_baseline_2019_qcew_avg | QCEW private employment, mean of 12 monthly 2019 values. |
covid_employment_trough_qcew | Lowest QCEW monthly employment, March 2020 to December 2021. |
covid_employment_trough_month | Month of that trough (YYYY-MM). |
covid_employment_drawdown_pct | min(0, trough/baseline − 1) in percent. |
covid_employment_recovery_month | First month after trough at or above baseline. |
covid_employment_recovery_months_from_mar2020 | Months from March 2020 to recovery; 0 = no decline. |
covid_employment_recovery_status | recovered / no decline observed / not recovered during observation period. |
covid_recovery_source | QCEW_monthly, or BDS March 2022/2023 fallback where the QCEW series ended at 2021Q4. |
covid_series_spliced_across_naics_2022 | True if the QCEW series continues into 2022+ using a one-to-one NAICS 2022 code. |
covid_establishment_drawdown_pct | QCEW quarterly establishment drawdown in percent (baseline mean of 2019 quarters). |
covid_establishment_recovery_months_from_2020q1 | Months from 2020Q1 to recovery; 0 = no decline. |
employment_volatility_sd_pct_1991_2019_ex_gr_window | SD of annual % employment change, BDS, 1991 to 2019 excluding changes into 2008 to 2012. |
employment_cagr_2002_2007_pct | Pre-Great-Recession employment growth, percent per year (context, not scored). |
employment_cagr_2014_2019_pct | Pre-COVID employment growth (context). |
employment_change_2007_2023_pct | BDS employment change March 2007 to March 2023, percent (context). |
sector_benchmark_gr_employment_drawdown_pct | Whole-sector Great Recession employment drawdown (BDS sector table). |
sector_benchmark_covid_employment_drawdown_pct | Whole-sector COVID employment drawdown (QCEW sector series). |
total_private_benchmark_gr_employment_drawdown_pct | Total U.S. private employment drawdown, Great Recession (BDS). |
total_private_benchmark_covid_employment_drawdown_pct | Total U.S. private employment drawdown, COVID (QCEW). |
universe_benchmark_gr_employment_drawdown_pct | Summed included-universe drawdown, Great Recession. |
universe_benchmark_covid_employment_drawdown_pct | Summed included-universe drawdown, COVID (series ends 2021Q4). |
flags | Data-quality and classification flags (semicolon separated). |
source_years | Years used by source. |
naics_version | NAICS version(s) used. |
source_version | Data release identifiers. |
calculation_version | Version of the scoring code. |
package_version | Research package version. |
run_date | Run date, ISO. |
business-buyer-school-industry-universe-2026.csv columns: naics_4, official_industry_name, sector_2, decision (include/exclude), criterion (U1 to U6), exclusion_reason, estabs_2007, emp_2007, emp_per_firm_2007/2019, min_estabs_2007_2023, min_emp_2007_2023, naics_2017_to_2022 (relationship), naics_2022_code (where 1:1), qcew_2017vintage_series, qcew_2022vintage_series, confidence, confidence_basis, flags, naics_version, run_date, calculation_version.
How to cite
Business Buyer School (2026). Recession Resistance Dataset 2026, version 2026.1. https://businessbuyerschool.com/research/recession-resistant-businesses/data/. Published October 5, 2026. Calculated from Census Bureau Business Dynamics Statistics (2023 release) and BLS Quarterly Census of Employment and Wages.
A data license has not been published; short quotations with attribution and a link are welcome.
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