c : a Division or branch of the craft, art, enterprise, or manufacture In particular : one that employs a large staff and capital specifically in production d : systematic labor specifically for some practical function or maybe the creation of some thing of price

This broad sector, also referred to as the assistance industry, includes industries that, while creating no tangible merchandise, deliver services or intangible gains or create wealth. This sector normally features each non-public and govt enterprises.

Person providers are typically assigned to an industry centered on their own largest resources of income. By way of example, while an auto company may have a financing division that contributes 10% into the company’s Over-all revenues, the business will be labeled inside the automaker industry by most classification systems in lieu of from the financial services industry.

enterprise may be an inclusive phrase but specifically designates the pursuits of Those people engaged in the purchase or sale of commodities or in similar fiscal transactions.

These illustrations are programmatically compiled from various on the web resources to illustrate present-day utilization with the term 'industry.' Any viewpoints expressed from the illustrations don't depict those of Merriam-Webster or its editors. Ship us opinions about these examples.

the car/electronics/construction industry In the development industry, as in other industries, mechanization has experienced a major effect.

Search industrials phrase industrious industriously industriousness industry industry Evaluation industry analyst industry Affiliation industry chief #randomImageQuizHook.filename #randomImageQuizHook.isQuiz Test your vocabulary with our pleasurable image quizzes

The NAICS is reviewed and revised each individual five years, and the most recent edition with the procedure was released in 2022. This updated Model of industry codes ideal displays company classifications, specifically in industries which have gone through massive alterations check here considering that 2017.

/concept /verifyErrors The term in the example sentence isn't going to match the entry word. The sentence has offensive material. Cancel Submit Thanks! Your opinions will be reviewed. #verifyErrors message

[countable] the folks and things to do involved in manufacturing a selected issue, or in furnishing a specific assistance

The NAICS, designed by the United States, copyright, and Mexico, is definitely the normal by which government companies classify organizations when compiling statistical information. Inside the NAICS hierarchy, organizations that use very similar production procedures are categorized in the exact same industry.

industry relates to the creating of commodities, Primarily by manufacturing or processing, ordinarily on a substantial scale.

You will find eight meanings mentioned in OED's entry for the noun industry, two of which might be labelled out of date. See ‘Which means & use’ for definitions, use, and quotation proof.

, 19 Aug. 2024 The Museum of Broadcast Communications has unveiled eight new Legends inductees into your Radio Hall of Fame for 2024, honoring the abilities and perform of on-air personalities, programmers and operators who may have created substantial contributions to the radio industry