Want to start a business? These are the riskiest industries in the U.S.

Want to start a business? These are the riskiest industries in the U.S.

If you have some money that you want to invest, in Globe Live Media we are going to tell you about the industries that are less risky for you to invest in the United States.

Becoming an entrepreneur is not an easy task, especially because there are many risks and when your savings can be vulnerable, the situation becomes more complicated.

Let’s be honest: every investment already implies a risk in itself, but in certain areas this risk can be significantly reduced compared to other industries. For example, according to research by Money Talks, real estate and rental and leasing businesses have the highest survival rates in the investment world. In the first year, their survival rate is 88.4%, while in other industries, such as agriculture, forestry, fishing and hunting, the survival rate is 87.7% and in retailing it is 87.6%.

A completely opposite pattern is found in other types of industries, which were the subject of HireHelper’s research. This organization was responsible for calculating a composite risk index, which was based on the most recent survival rates for up to the last five years.

So, according to HireHelper and data from the U.S. Bureau of Labor Statistics, the U.S. industries that have the highest risk when it comes to making an investment are:

1.- Mining, oil and gas extraction

1-year survival rate:  74.4%
2-year survival rate:  62.5%
3-year survival rate:  52.5%
4-year survival rate:  53%
5-year survival rate:  41.5%

2.- Information industry

1-year survival rate:  79.2%
2-year survival rate:  65.2%
3-year survival rate:  56.1%
4-year survival rate:  54.2%
5-year survival rate:  48.3%

3.- Administrative and waste services

1-year survival rate:  79.1%
2-year survival rate:  66.6%
3-year survival rate:  59.7%
4-year survival rate:  56.7%
5-year survival rate:  50.9%

4.- Professional, scientific and technical services

1-year survival rate:  82.9%
2-year survival rate:  69.1%
3-year survival rate:  60.8%
4-year survival rate:  58%
5-year survival rate:  52.3%

5.- Retail

1-year survival rate:  82.5%
2-year survival rate:  69.3%
3-year survival rate:  61.3%
4-year survival rate:  57.3%
5-year survival rate:  52.5%

6.- Business management

1-year survival rate:  83.8%
2-year survival rate:  69.9%
3-year survival rate:  60.8%
4-year survival rate:  59.1%
5-year survival rate:  51.4%

7.- Transport and storage

Samuel Edwards
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