The economic recession will affect all industries, but it will affect the following industries first:

1. Financial industry: The financial industry is the core of the whole economy, and the economic recession will lead to the decline of the market and the decrease of the income of financial institutions, thus affecting the operation of the whole financial industry.

2. Real estate industry: The real estate industry is an important part of the economy. The economic recession will lead to the weakening of consumers' purchasing power, the sluggish real estate market and poor sales, which will lead to a decline in house prices.

3. Retail industry: The economic recession will weaken consumers' purchasing power and demand for consumption, which will lead to a decline in retail sales.

4. manufacturing industry: manufacturing industry is an important part of the economy, and economic recession will lead to a decline in market demand, which will lead to a decrease in manufacturing production and unemployment of employees.

5. Tourism: The economic recession will lead to the poor financial situation of consumers and reduce the demand for tourism, thus affecting the whole tourism industry.

6. Catering industry: The economic recession will reduce consumers' willingness to consume and affect the sales of the catering industry.

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