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When a collection of particular person companies run in an analogous method and produce related output, They could be grouped with each other and labeled as A part of the exact same industry.

All significant industry agro-industry simple industry industry-led industry-large inter-industry light-weight industry See all meanings Idioms and phrases a hive of action/industry idiom

Add to phrase listing Add to word listing [ U ] the companies and pursuits involved in the manufacture of merchandise:

organization could possibly be an inclusive time period but exclusively designates the functions of All those engaged in the acquisition or sale of commodities or in associated economic transactions.

These examples are programmatically compiled from various on line sources For instance current utilization in the term 'industry.' Any thoughts expressed during the examples do not characterize People of Merriam-Webster or its editors. Send us responses about these examples.

the vehicle/electronics/design industry In the construction industry, as in other industries, mechanization has experienced a major affect.

In this particular analogy, each and every year represents seven a long time in this industry — mainly because they are really rigorous kinds.

Peace, also—or peace beneath the old situations of industry—is infinitely wasteful of human Vitality.

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How Traders Use Industries Investors and economists usually examine industries to higher have an understanding of the elements and limitations of company gain growth. Investors often Look at providers functioning in exactly the same industry To judge their relative attractiveness as an investment.

Corporations inside an industry generally perform similarly resulting from macroeconomic problems that help or hurt all organizations with very similar shopper bases or products.

You will find eight meanings outlined in OED's entry for your noun industry, two of that happen to be labelled obsolete. See ‘Which means & use’ for definitions, use, and quotation evidence.

the mixture of manufacturing or technically successful enterprises in a selected subject, usually named right after its principal item:

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