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    industry
    /ˈɪndəstri/

    noun

    More definitions, origin and scrabble points

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  3. something that is produced or is available in large quantities and makes a lot of money: the heritage industry. More examples. SMART Vocabulary: related words and phrases. industry noun (QUALITY) [ U ] formal. the quality of regularly working hard: I must say that I'm very impressed by her industry. SMART Vocabulary: related words and phrases.

    • What Is An Industry?
    • Understanding An Industry
    • Special Considerations
    • Industries vs. Sectors
    • The Bottom Line

    The term "industry" is a classification for a group of companies that have similar business activities. In modern economies, there are dozens of industry classifications. Industries typically are grouped into larger categories called sectors. Individual companies are generally assigned to an industry based on their largest sources of revenue. For e...

    Similar businesses are grouped into industries based on the primary business activitiesor the primary product that they produce or sell. This creates industry groups, which can then be used to separate businesses from those that participate in different activities.

    Stocks

    Stocks within the same industry often rise and fall as a group because the same macroeconomic factorsare likely to impact all members of an industry. These macroeconomic factors can be changes in market sentimenton the part of investors, such as a response to a particular event or piece of news. They can also be changes involving the industry itself, such as new regulations or increased raw material costs. However, events related to one business in particular can cause the associated stock to...

    Sectors and industries are classifications used to group similar types of business operations. However, sectors are broader than industries. For example, retail trade is a sector as defined by the North American Industry Classification System (NAICS). Within that sector are industries such as health and personal care stores, clothing stores, and sh...

    In business and investing, industry is a classification that is used to group similar companies. These companies have comparable products and services, and will often respond in similar ways to macroeconomic trends. Because of this, their stock prices often move up or down at the same time. Industries can be further grouped into sectors, which is a...

    • David Gorton
    • 2 min
  4. An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. Workers in the textile industry design, fabricate, and sell cloth. The tourist industry includes all the commercial aspects of tourism.

  5. Learn the meaning of industry as a noun, with synonyms, examples, and word history. Industry can refer to manufacturing activity, a group of enterprises, diligence, or work in a particular field.

  6. Industry definition: the aggregate of manufacturing or technically productive enterprises in a particular field, often named after its principal product. See examples of INDUSTRY used in a sentence.

  7. Learn the meaning of industry as a noun in English, with different senses and contexts. Find out how to use industry in sentences, collocations and topics related to business, work and quality.

  8. Learn the various meanings and uses of the word industry in British and American English. Find synonyms, examples, pronunciation, word frequency and origin of industry.

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