Securities industry revenue dropped 36% in 2008

It will come as no surprise to learn that revenues for securities, commodity contracts and other financial investment activities decreased 36.1 percent in 2008, from $464 billion in 2007 to $297 billion in 2008, according to new data from the U.S. Census Bureau.  (I know the chart is hard to read, but it looks cool and you’ll find the specifics below.) Continue reading