3 Expanding US industries attracting investment

December 2, 2022 (Investorideas.com Newswire) It's fair to say that the broad sweep of the last few years has created a general sense of wariness among consumers. And where you find wary consumers, it's always likely that there is going to be market bearishness in their wake. So finding reliable investment ideas in 2022, and going into 2023, is often a test of confidence and nerve. What is the smartest way to invest when the threat of recession is ever-present? In truth, it's always there if you know where to look for it - and there are plenty of industries that are still attracting investor funds even as we cross our fingers for continuing economic recovery.

Below, we will look into some of the US' growth industries that are standing out as investment opportunities. We'll zone in on what is making them such sound options when other industries are experiencing a lot more turbulence.

Betting

If you want to invest successfully, then you should never underestimate the power of an industry that is in its early days. There's a reason people talk about "getting in on the ground floor", and it seems like there's a new state adopting legal betting every month or so. From states as large as New York to smaller ones like West Virginia, with sportsbook and casino names like BetMGM and Fanduel involved, the names on Time2play's list are among some of the companies grabbing the brass ring and making themselves a fixture in the investment pages. Additionally, with states like Texas and California still to adopt online betting, there are obvious signposts for how the investment pie can grow where betting is concerned.

Biotech

Biotech was already a growing industry before 2020 hit and brought a major course correction with it. There is no doubt that Covid focused minds, and while a certain amount of fatigue has arisen around talk of the pandemic, people are now more than ever aware of the importance of being ready for the next public health emergency. That's going to involve the biotech sector in a big way, and investors looking for a sure thing in the immediate future would be wise to look at the companies that will be developing vaccines and other health solutions to take on future threats.

Sustainable industry

One way or another, we're going to be looking at a future in which sustainability plays a major part. From infrastructure to automotives, from agriculture to manufacturing, and for entire swathes of the tech industry, making things green is now a non-negotiable element. It's a very good time to invest in Net Zero and the attendant developments which will make that goal possible. Much of the greening of an industry that will take place over the coming decades will be made possible by government subsidy, which makes sustainable industry one of the safest investment areas imaginable as we head towards 2030 and beyond.

Some of the above industries are heavily investable because they will be essential in the coming years. Others are investable because of an obvious path for straightforward growth. What they all have in common, however, is that they are industries that will likely buck any pessimism in the market as they look to break the curve in 2023.

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