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Sex Industry Weathers Financial Crises

Varmus Christopher Forbes.com 12/29/08 14:00:05 GMT The sex industry traces back to 500 B.C., when traders from the Greek port of Miletus sold olisbos, an early version of the dildo. Today, the business of sex (including pornography) now runs into the tens of billions of dollars. (No official estimates are available; Wall Street analysts don't tend to track this stuff.) And while print and video sales are ebbing, as more free adult content has become available online, sales of un-reproducible sexual aids are still healthy. "Of course, there's concern about the economy, but right now our sales are growing," says Michael Trygstad, founder of Wet, a lubricant manufacturer in Van Nuys, Calif. "We've grown 30% this year alone. We've had to completely automate our factories to meet the tremendous demand. People are deciding to stay at home and engage in inexpensive entertainment.'' Slick marketing--and the ability to shop anonymously online--helps, too