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Industry Sector - Industrial Sector

 

Definition: A group of industries producing similar products or services for example, manufacturing, transport, construction and banking.

 

 

Additional Info: The main purpose behind grouping industries into sectors is to allow for trend analysis of the economy.

Related Terms: Industry - Industrial Concentration - SIC, Standard Industrial Classification - Industrial Production - Industrial Confidence - Industrial New Orders - Industrial PPI - Industrial Capacity Utilization

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