20 Industries That Millennials Are Killing
These Industries Took A Hit
Everyone likes to rag on millennials, and usually the criticism is overexaggerated. But when it comes to these industries, millennials really are hammering nails in the coffin.
![20 Industries That Millennials Are Killing](https://wsrv.nl/?url=https%3A%2F%2Fwww.factinate.com%2Fstorage%2Fapp%2Fmedia%2Fmoneymade%2F2024%2F5%2F6%2Fthingsmillennialskilled-msn.jpg&w=800)
1. Diamond Rings
According to CNBC, fewer millennials are tying the knot, and for those who do, nontraditional rings are becoming more popular choices. A lot of the issue is the price—millennials just can’t afford a diamond.
![Person Holding Diamond Ring](https://wsrv.nl/?url=https%3A%2F%2Fwww.factinate.com%2Fstorage%2Fapp%2Fmedia%2Fmoneymade%2F2024%2F5%2F8%2Fpexels-alonssus-2894864.jpg&w=800)
Diamond Rings
Some also have concerns about the source of the diamond, opting for sustainable lab-grown diamonds instead of mined natural ones.
Amid a global decline in diamond sales, organizations like the Diamond Producers Association are striving to attract millennial buyers by revamping the branding of their gems.
![Person Holding a Diamond Ring](https://wsrv.nl/?url=https%3A%2F%2Fwww.factinate.com%2Fstorage%2Fapp%2Fmedia%2Fmoneymade%2F2024%2F5%2F8%2Fpexels-jimbear-14056405.jpg&w=800)
2. Fabric Softener
The Wall Street Journal reported a 15% decline in liquid fabric softener sales in the US from 2007 to 2015, with the most popular brand, Downy, experiencing a 26% decrease during the same period.
![Young blonde woman smelling clean clothes at laundry room](https://wsrv.nl/?url=https%3A%2F%2Fwww.factinate.com%2Fstorage%2Fapp%2Fmedia%2Fmoneymade%2F2024%2F5%2F8%2Fshutterstock_2153637389.jpg&w=800)