growth industry

noun

: a business that has become increasingly popular or profitable

also : an interest or activity that is increasingly popular or trendy

Examples of growth industry in a Sentence

Recent Examples on the Web

Restrict development too much, and California risks slowing a key growth industry (and a large chunk of tax revenue). — James Ward, USA Today, 17 July 2026

Moene argues that this wage compression promotes innovation and dynamism by boosting the profitability of growth industries and by lowering profits in lagging industries. — Nicholas D. Kristof, Mercury News, 14 July 2026

Online fantasy games with money at stake were to be a huge growth industry in the 2010s. — Jack Pitt-Brooke, New York Times, 2 June 2026

At the same time, layoffs in sectors such as technology, media, education, and corporate management created growing instability in previously high-growth industries. — Maia Niguel Hoskin, Forbes.com, 18 May 2026

Word History

First Known Use

1954, in the meaning defined above

Rhymes for growth industry

• interindustry