growth industry

noun

Definition of growth industry

: 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 As the importance of companies like Amazon, Google, and Facebook has grown in our lives, politics, and economics, being a technology expert has been a growth industry. Siva Vaidhyanathan, Wired, "There’s No Such Thing As a Tech Expert Anymore," 4 Aug. 2020 But Vice’s research, from the expensive strategy firm Magid, found what populists everywhere are discovering: Angry outsiderism is a growth industry. Ben Smith, New York Times, "What Bernie Sanders Gets Right About the Media," 11 Mar. 2020 The town’s only real growth industry is elder care. Ben Dooley, New York Times, "In Rural Japan, a 370-Year-Old Tradition Falls to One Child," 13 Apr. 2020 There are almost 60,000 job openings right now, and once again, health care is a high-growth industry here, especially personal and home care jobs. Whizy Kim, refinery29.com, "Your Next Job Could Be In One Of These Cities," 25 Feb. 2020 Hand left his job in the field in 2018 and began researching high-growth industries with hopes of starting a business. Anissa Gardizy, BostonGlobe.com, "NOCA’s founders see a big market for a ‘healthier’ spiked water," 23 Jan. 2020 In fact, this knowledge has fueled a growth industry in discoveries to treat rare diseases by pharma and biotech companies. John Stuelpnagel, Fortune, "An Explosion of Knowledge: Multiplexed Interventional Genomics," 13 Jan. 2020 This means that fewer European tech startups are having to turn to the US for capital and more European investors are gaining access to this phenomenally high-growth industry. Joe Schorge, Quartz, "The next silicon valley won’t be in the US," 11 Dec. 2019 For the Dutch, consulting with cities about their response to relative sea-level rise has become a growth industry. Jim Morrison, Smithsonian, "Cities Around the Globe Are Eagerly Importing a Dutch Speciality—Flood Prevention," 6 Dec. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'growth industry.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of growth industry

1954, in the meaning defined above

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The first known use of growth industry was in 1954

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Cite this Entry

“Growth industry.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20industry. Accessed 28 Nov. 2020.

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