What industries and companies are affected by the economic downturn

1. Financial industry: Recession can impact the financial industry by causing an increase in financial risks such as a decline in the stock market and an increase in bank loan risks.

2. Real estate industry: recession can lead to a decline in people's willingness to buy houses, causing the real estate industry to fall into stagnation.

3. Manufacturing industry: The recession will lead to a decrease in people's spending power, which reduces the demand for manufacturing products, thus affecting the production and sales of the manufacturing industry.

4. Retail: A recession can lead to a decline in spending power, reducing demand for retail products and thus affecting retail production and sales.

5. Tourism: a recession can lead to a decline in people's willingness to travel, which affects production and sales in the tourism sector.