Economy in Crisis: What Sectors Benefit Most from Pandemic and Lockdown and What Are Brought to Ruin?

 

Crises always lead to upsurge in certain sectors of economy and inflicted huge losses to the other. The economy is inevitably and immediately impacted by the nature of crisis, as in the case of COVID-19 in 2020 it has changed the usual practices of the community as a whole. We have seen in a very demonstrative way how the health crisis and lockdown have created conditions for the prosperity in certain sectors.

And while some industries have had opportunities to reorient themselves, in the service sector things are clear - either your business can thrive in this environment or not.

Here is what the latest data of the National Statistical Institute showing, dedicated to the development of the services business in three main sectors - Transport, warehousing and postal services, creation and dissemination of information, creative products and telecommunications, as well as other business services, which include many different consulting, accounting and other services for the benefit of business:

The big winners

Postal and courier services benefited hugely during the crisis.

There is nothing surprising about these champions - after all, in the context of the "stay at home" appeal, online shopping for the whole range of products flourishes - from groceries in shops and restaurants, to household products, clothes, equipment, furniture, etc.

In addition, courier services for mailing parcels are increasingly sought, as travel has been banned during certain periods, and in certain countries quarantine continues to apply to international travel. The data prove it - the turnover of the companies engaged in postal and courier services for the period April-September has swollen by nearly 20% compared to the...

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