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 Moore has not endorsed proposals to raise taxes to solve either problem, focusing instead on jump-starting the economy by investing in data centers, cybersecurity and other growth industries. Katie Shepherd, Washington Post, 7 Feb. 2024 British wine is a growth industry, with the amount of land growing vines increasing by 75% over the past five years. Adrienne Wyper, theweek, 29 Jan. 2024 Cults are also adjacent to conspiracies, another growth industry — both are forms of tribalism defined by their distance from reality. Margaret Lyons, New York Times, 22 Dec. 2023 That led governments, both federal and regional, to focus on growth industries, in particular ones that are youth friendly, and animation is one of those industries. Callum McLennan, Variety, 25 Sep. 2023 Luck and timing played a role—her RF compliance company ended up being part of a growth industry, and the ability to hire workers from the European Union contributed to her success. WIRED, 23 June 2023 Wood’s investment time horizon is five years, and her firm is focused on five exponential growth industries. Jane Thier, Fortune, 17 May 2023 But they are hidebound by the fact that there is so little law regulating private military and security forces, a dangerous growth industry as yet barely acknowledged by governmental bodies. Dennis Harvey, Variety, 5 May 2023 Fact checking is a growth industry. Tilak Doshi, Forbes, 28 Mar. 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'growth industry.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1954, in the meaning defined above

Time Traveler
The first known use of growth industry was in 1954

Dictionary Entries Near growth industry

Cite this Entry

“Growth industry.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/growth%20industry. Accessed 29 Mar. 2024.

Last Updated: - Updated example sentences
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