In our COVID-19 efforts to help our clients across multiple markets and verticals, we prepared a list of how each segment is affected by the crisis.

Verticals affected by COVID-19:

• Advertising & PR Agencies – Spending Expected to Drop
• Agricultural Chemical Manufacturers – Chinese Farm Purchases
• Aircraft Engine & Parts Manufacturers – Boom Ends
• Aluminum Production – Demand Declines
• Ambulance Services – Equipment Shortages May Affect Responsiveness
• Ambulatory Surgery Centers – Policies and Procedures Updated
• Amusement Parks and Arcades – Closures Follow Bans, Warnings
• Animal Production – Futures Prices Fall
• Apparel Manufacturers – Production Slows, Factories Close
• Art Dealers & Galleries – Small Galleries Struggle to Migrate Online
• Auto Dealerships – Loan Relief to Boost Sales
• Auto Parts Distributors – Supply Chain Disruptions
• Auto Parts Manufacturers – Automakers Announce Temp Closures
• Auto Rental & Leasing – Cancellations Rise, Reservations Drop
• Auto Repair Shops – Most Shops Avoid Shutdowns
• Aviation Support Services – Airlines Seek Aid
• Bars and Nightclubs – Closures, Restrictions May Help Slow Outbreak
• Bed & Breakfast Inns – Cancellations Mount
• Beer, Wine, & Liquor Stores – Forced Closures, Surges in Sales
• Beer Distributors – Prepares for B2B Slowdown
• Biotechnology Research Services – Products Take Time to Market
• Blood & Organ Banks – Urgent Calls for Donations
• Book Stores – Adapt or Close
• Breweries – Closures, Curfews, and Coronavirus
• Building Material Distributors – Large Backlog, Slow Delivery
• Business & Professional Associations – Alternate Support for Members
• Carpet & Upholstery Cleaning – Sales Slow
• Caterers – Cancellations, Limit on Gatherings Impacts Caterers
• Chartered Air Passenger Services – Demand Spikes
• Child Care Centers – Uncertainty Reigns for Child Care Centers
• Chiropractic Practices – Focus on Sanitation, Not Closure
• Churches & Religious Organizations – Churches Brace for the Worse
• Civic & Social Organizations – Transition to Online Services
• Clothing Stores – Major Retailers Close/Scale Back
• Coffee Shops and Snack Bars – Shops Adjust to Recommendations
• Collection Agencies – Halt for Medical and Student Debt
• Colleges & Universities – Refunds?
• Commercial Brokers & Property Mgrs – Market Disrupted
• Commercial Building Contractors – Pandemic Affects Supply Chains
• Commercial Printers – Print Job Cancellations
• Community Food Services – Prepare for Increased Demand
• Computer & Peripheral Manufacturers – Shipment Declines Expected
• Computer Programming Services – Respond with Telecommuting
• Consumer Lending – Outbreak Brings Regulatory Attention
• Consumer Products Rental – Cancellations Mount
• Continuing Care Retirement Communities – Discouraging Visits
• Convenience Stores – Stores Alter Operations
• Convention & Trade Show Management – Events Face Cancellation
• Cosmetics & Beauty Supply Stores – Evolving to Address COVID-19
• Courier & Messenger Services – Deliveries Continue
• CPA Practices – Firms Prepare to Telecommute
• Crop Production – Visa Process Suspended
• Dairy Product Manufacturers – Supply Chain, Product Prices Affected
• Data Processing & Hosting Services – Resources for Researchers
• Day Spas & Tanning Salons – Closures Increase
• Death Care Services – Potential Payment Delays
• Dental Practices – Supply Shortages Hit as Virus Spreads
• Distilleries – Joining the Fight
• Drug Stores & Pharmacies – Walgreens, CVS Step Up
• Dry Cleaning & Laundry Services – Impact Varies with Client Mix
• Electrical Contractors – Inclusion as Essential
• Employment Services – Outbreak Affects Job Opportunities
• Exam Prep & Tutoring Services – School Closure Gives Opportunity
• Farm Support Services – Labor Shortage on Horizon
• Financial Planners & Investment Advisors – Stock Market Plunge
• Fitness Centers – Voluntary, Enforced Closures Increase
• Florists – Slow Demand Creates Inventory Risk
• Food Distributors – Outbreak Creates New Challenges
• Food Service Contractors – Demand Declines
• Freight Forwarding Services – Slowed Activity
• Fruit & Vegetable Manufacturers – Consumers Avoid Fresh Foods
• Furniture Manufacturers – Supply Chain Disrupted
• Furniture Stores – Furniture Retail Hit Early
• Gift & Souvenir Shops – Tourism Evaporates
• Golf Courses & Country Clubs – Many Stay Open
• Government Contractors – Trump Administration’s Guidance
• Graphic Design Services – Ad Spend Pullback
• Grocery Stores – Adapt as Coronavirus Spreads
• Hair Care Services – Struggle to Survive
• Health Supplement Stores – Sales Surge
• Hobby, Toy, & Game Stores – COVID-19 Hits Stores Already in Crisis
• Home Centers & Hardware Stores – Essential Retail
• Home Healthcare Services – Demand Increase Expected
• Hospitals – Healthcare Providers Prepare for Patient Surge
• Hotels and Motels – Cancellations, Closures Rise
• Household Appliance Manufacturers – Excepted from Shutdown
• HVAC & Plumbing Contractors – Hold on Construction & Services
• Individual & Family Services – Classes Cancelled, Turn to Telehealth
• Insurance Agencies & Brokerages – Some Claims Not Covered
• Internet, TV, & Mail Order Retailers – Online Panic Buy Sets In
• Janitorial Services – Cleaning Routines Intensify
• Jewelry Stores – Stores Close or Cut Back
• Kidney Dialysis Centers – Patients Urged to Continue Treatments
• Landscaping Services – Firms Review Business Practices
• Law Firms – Demand Surges as Coronavirus Issues Multiply
• Lessors of Nonresidential Buildings – Do I have to pay rent?
• Lessors of Residential Buildings – Calls to Help Renters
• Linen Supply Service – Client Mix May Determine Impact
• Local Governments – Outbreak May Reduce Govt Revenue
• Management Consulting Services – Looming Global Recession
• Marinas – Closures Increase as Coronavirus Spreads
• Market Research & Opinion Polling – Jumping In to Provide Research
• Meat Product Manufacturers – Preparing for Labor Shortages
• Medical & Imaging Labs – Early Problems Hinder Testing Efforts
• Medical Device Manufacturers – Stock Prices Drop
• Medical Equipment Distributors – Urgent Cry for PPE
• Mental Health & Substance Abuse Centers – Services Move Online
• Mental Health Practitioners – Bracing for Spike in Demand
• Mobile Food Services – Food Truck Demand Dries Up
• Mortgage & Nonmortgage Loan Brokers – Applications Decline
• Motion Picture & Video Production – Hard Stop for Production
• Motorcycle Dealers – Remaining Open Where Possible
• Movie Theaters – Box Office Suffers
• Museums, Zoos, & Parks – Temporary Closings Begin
• Nail Salons – Forced Closure
• Newspaper Publishers – Advertising Revenue Falls
• Nurseries, Garden Centers, & Farm Supply – Adapting Operations
• Nursing Homes & Assisted Living – Facilities Adapting
• Office Supply & Stationery Stores – Work From Home Trend
• Oil & Gas Producers – Outbreak Contributes to Oil Price Drop
• Oil & Gas Support Services – Projected Drop in Demand
• Optometry Practices – Opportunities for Telemedicine
• Paint & Wallpaper Stores – Hope for More DIY Demand
• Paper Products Manufacturers – Run on Toilet Paper
• Pawn Shops – Uncertainty, Boredom Boosts Business
• Payroll Services – Stimulus Package Helping Small Businesses
• Performing Arts Groups – Impact of Coronavirus is Widespread
• Perishable Prepared Food Manufacturers – Demand Up
• Pest Control Services – Cancellations Increase
• Pet & Animal Food Manufacturers – Rising Demand
• Pet & Pet Supplies Stores – Pet Food is Considered Essential
• Pharmaceutical Manufacturers – Push for American-Made
• Physician Practices – Rescheduling Appointments Reduces Risk
• Plastic Products Manufacturers – 3-D Printed Face Shields
• Private K-12 Schools – Closures and Online Learning
• Psychiatric Practices – Telehealth Delivery
• Real Estate Appraisers – Housing Blues
• Rehabilitative Therapy Practices – Telehealth Services Reduce Risk
• Residential Brokers & Property Managers – Tennent Job Loss
• Residential Building Contractors – Supply Chain Affects Schedules
• Restaurants – Closures, Service Restrictions Increase
• RV Dealers – Winnebago Suspends Production
• RV Parks & Campgrounds – Closures Due To Coronavirus
• Security Guards & Patrol Services – Grocery Stores Add Security
• Skiing Facilities – Ski Resorts Close Due to Coronavirus
• Snack Food Manufacturers – Uncertainty Hits Snack Food Markets
• Soap & Toilet Prep Manufacturers – Demand Soars
• Software Publishers – Unable to Close Deals
• Specialty Food Stores – Quick Switch to Delivery, Take-out
• Sporting & Athletic Goods Manufacturers – Major Players Take Hits
• Sporting Goods Stores – Run on Guns
• Taxi & Limousine Services – NYC Business Evaporates
• Title Abstract & Settlement Offices – iBuying Grinds to a Halt
• Translation & Interpretation Services – Uneven Impact
• Travel Agencies – Industry Woes Hit Travel Agencies
• Trucking – Outbreak Creates Problems, Boosts Demand
• Used Merchandise Stores – Threat No Higher for Used Goods
• Vending Machine Operators – Renewed Interest in Mobile Pmt
• Veterinary Practices – The Essential Business Argument
• Warehousing & Storage – Slowed Movement of Goods
• Waste Management Services – Outbreak Spurs Policy Changes
• Wine & Spirits Distributors – Coronavirus Driving the US to Drink
• Wineries – California Tasting Rooms Closed

In our opinion these market segments and products or services stand to win:

. Sanitation products
. Home health products
. Virtual working space solutions
. Telehealth products
. Logistics products (worker related)
. Automation (robotic, industrial, etc.)
. Online stores and delivery services
. Private Equity
. Remote working solutions
. E-Learning systems and online courses
. Digital online certification products
. Insurance
. Home daycare
. Delivery systems (software)

We are updating this on a weekly basis, so you can stay up to date.

Sources: US Labor Dept., VerticalIQ, World Bank. 

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