Most important industry tends to dominate the economies of undeveloped and producing nations, but as secondary and tertiary industries are formulated, its share of your financial output tends to lessen.

He bolstered the product sales staff members and set out right after new clients in finance, Health care, together with other industries.

the economy grows/​expands/​shrinks/​contracts/​slows (down)/recovers/​increases/​is booming

small business might be an inclusive term but particularly designates the routines of All those engaged in the purchase or sale of commodities or in linked economical transactions.

Task gains in company industries including health and fitness treatment and banking offset losses in these types of locations as building.

Wise Vocabulary: similar phrases and phrases Industry & industrial procedures additive producing biomanufacturing carding cleantech compression molding inter-industry just-in-time light industry machine carding manufacture prefabricated prefabrication excellent assurance quality control reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See far more success » You may also come across connected text, phrases, and synonyms within the subjects:

Investors and consultants said the dispute troubled them, Primarily presented Murray’s status for the agency and in the money industry All round.

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[countable] the individuals and functions involved in manufacturing a certain thing, or in delivering a selected support

How Traders Use Industries Traders and economists typically study industries to better fully grasp the components and limits of company gain development. Investors generally compare corporations working in precisely the same industry To guage their relative attractiveness as an expenditure.

industry figures/facts/average The automobile maker spends $581 extra on distribution per car compared to industry common.

However, occasions related to one particular small business specifically could cause the related stock to rise or fall separately from Other individuals within the same industry. This can be the results of activities for instance a differentiating solution launch, a company scandal during the news, or even a improve in leadership buildings.

captain of industry cottage industry expansion industry significant industry inter-industry gentle industry multi-industry provider industry sub-industry