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

By the 1970s, Pennsylvania prisons had become a growth industry. Samantha Melamed, Philly.com, "Can the rural prison economy survive the era of decarceration?," 7 June 2018 The problem is that political data mining is a growth industry, said Paul Mitchell, vice president of Political Data, a company that provides voter information to campaigns. John Wildermuth, San Francisco Chronicle, "California elected officials dismayed at use of Facebook data," 20 Mar. 2018 Meanwhile, further investment in workforce development and job training programs will allow workers in shrinking industries to better transition into jobs in the growth industries. Amy Chance, sacbee, "'Not all machines are evil,' and other thoughts on California's changing economy," 2 July 2018 The Chicago professional-services firm said the deal streamlines its focus on management consulting and managed services across high-growth industries. Colin Kellaher, WSJ, "Navigant to Sell Units to Ankura for $470 Million," 25 June 2018 With more than 1 in 10 Americans having some type of disability (some studies put the number significantly higher), and those numbers rising as people age, adaptive fashion is clearly a growth industry. Emily Matchar, Smithsonian, "Designing “Adaptive Clothing” For Those With Special Needs," 8 May 2018 Countertenors, males of the species who sing in the range of a female alto, continue to be the growth industry in classical music. John Von Rhein, chicagotribune.com, "There's a hot new countertenor in town. And he breakdances.," 17 Apr. 2018 Pay Band Reporting Women are unrepresented in many high growth industries, and make up less than 30 percent of top pay grades across 8 sectors. Lucy Meakin, Bloomberg.com, "What We Know About the U.K. Gender Pay Gap," 12 Mar. 2018 That credibility is more important than ever as America’s high-tech growth industries face antitrust challenges in Europe and Japan that appear to be little more than protectionism in disguise. Phil Gramm And, WSJ, "Trump, Tariffs and the Protectionist Temptation," 23 Mar. 2018

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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