declining industry
Frequency: 7.019.1 per million words
Refers to a sector of the economy that is shrinking or producing less.
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Examples (20)
- The coal sector is often cited as a classic example of a declining industry.
- The declining coal industry has led to significant job losses in the region.
- Government subsidies were provided to support workers in the declining industry.
- Many workers were forced to retrain as the declining manufacturing industry offered fewer opportunities.
- Many people lost their jobs when the local textile business became a declining industry.
- Governments are struggling to support declining traditional industries in the face of global competition.
- The rise of digital cameras turned photographic film into a declining industry.
- The once-thriving fishing industry is now a declining industry due to overfishing and pollution.
- Financial advisors often warn against investing heavily in a declining industry.
- Investment in declining industries can be risky, often leading to further economic downturns.
- Without significant innovation, traditional print media risks becoming a declining industry.
- Technological advancements have contributed to the declining print media industry.
- The region's economy has struggled to recover since shipbuilding became a declining industry.
- Communities built around a single, declining industry often face severe economic challenges.
- Policymakers are debating how to retrain the workforce from the declining industry.
- Policymakers are searching for solutions to revitalize the declining textile industry.
- The company successfully pivoted away from the declining industry and into sustainable technologies.
- Despite efforts to innovate, the photographic film industry remained a declining industry.
- Intense global competition was a major factor in it becoming a declining industry.
- The shift to renewable energy has created challenges for the declining fossil fuel industry.