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

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Moore himself is a millionaire, with a particularly large investment in a company that specializes in marijuana products, a growth industry in Maryland and elsewhere. Colin Pascal, Baltimore Sun, 2 Jan. 2025 The Bottom Line The question that still begs to be answered in a real, direct way, though, is whether the conduct of this study rose to such urgency necessary to justify the suspension of federal permitting actions for one of America’s strongest growth industries in recent years. David Blackmon, Forbes, 17 Dec. 2024 Electricity will emerge as a growth industry Many businesses are flush with cash and will invest much of it into new technologies such as artificial intelligence. Russ Wiles, The Arizona Republic, 1 Dec. 2024 In response, plastic surgery that lifts faces is a growth industry, and Botox injections to smooth wrinkles are as common as manicures. Bryant Stamford, The Courier-Journal, 26 Nov. 2024 See all Example Sentences for growth industry 

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 Jan. 2025.

Last Updated: - Updated example sentences
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