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What impact will the economic downturn have on various industries?
1. financial industry: economic recession is often accompanied by a decline in the stock market, resulting in a decrease in the income of the financial industry.

2. Real estate industry: The economic recession will lead to a decrease in demand for home purchases and a drop in house prices, which will have an impact on the real estate market.

3. Manufacturing: The economic recession will lead to the decline of consumers' purchasing power and the decrease of manufacturing output, thus affecting the income of this industry.

4. Retail industry: The economic recession will lead to the decline of consumers' purchasing power, and consumers will reduce their consumption, thus affecting retail income.

5. Catering industry: The economic recession will lead consumers to reduce eating out, thus affecting the income of the catering industry.

6. Tourism: Economic recession will lead consumers to reduce tourism consumption, thus affecting the income of tourism.

In short, the recession will affect most industries, but the above industries will be affected first.