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See also: growth

growth industry

noun

: a business that has become increasingly popular or profitable
also : an interest or activity that is increasingly popular or trendy

Example Sentences

Recent Examples on the Web Innovation has also made financial technology a growth industry, with many looking for secure and robust digital solutions in global trade. Antonio Tombanane, Forbes, 8 Sep. 2021 The antiabortion movement fuels a growth industry: pregnancy centers. Los Angeles Times, 13 June 2022 Harrison emphasized the medicinal and other beneficial effects of cannabis, a growth industry that can spur employment and investment. Stephen Singer, Hartford Courant, 14 May 2022 After languishing for decades in philosophy departments, the study of happiness has become a growth industry. J. Budziszewski, WSJ, 15 Apr. 2022 Books aside, Leibovitz works in magazines, of course, which have not seemed much of a growth industry these days. Christopher Borrelli, chicagotribune.com, 29 Dec. 2021 There's also a growth industry of exploitative master's degrees that impose costs similar to a JD but offer none of the professional benefits. Samuel Goldman, The Week, 22 Dec. 2021 The Lone Eagle’s continental tour cemented his fame and helped turn American aviation into a growth industry for the next half century. Rinker Buck, WSJ, 10 Oct. 2021 Sleep monitoring is a growth industry for Silicon Valley. Los Angeles Times, 16 July 2021 See More

Word History

First Known Use

1954, in the meaning defined above

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

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