They say the economy is bad, but where's all the money going? Which industries are still making money?
Every industry still make money regardless of the bad economy, technology industry are still making money, entertainment industry, healthcare, food production industry. Even with the bad economy people are still in need of one thing or the other for survival. We basically depend on every industry to run our livelihood, even with the bad economy industries like healthcare, entertainment, technology, food production etc are still adapt and finds new ways to remain innovative and relevant.
Industry is like a general term, so even if some of the businesses of one industry closes down, there will always be others that will remain and there will also be a new start-up. Some industries are not necessary for the people to live. I mean if we only have a food and water, we can still live right? Even without entertainment, beauty and the likes. There are people that can afford the other industry but they may not be interested on them for a while. It can be that they are bored on the usual thing. This is why like you said, an industry can innovate again to regain the customers that they are about to lose or have lost already. It was a good thing though.