An example of a declining industry is the railroad industry, which has experienced decreased demand - largely due to newer and faster means of transporting goods (primarily air transport and trucking) - and has failed to remain competitive in pricing, at least in relation to the benefits of faster and more efficient transport provided by airlines and trucking services.
Investment dictionary. Academic. 2012.
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declining industry — ➔ industry … Financial and business terms
Industry — The category describing a company s primary business activity. This category is usually determined by the largest portion of revenue. The New York Times Financial Glossary * * * industry in‧dus‧try [ˈɪndəstri] noun industries PLURALFORM 1.… … Financial and business terms
industry — The category describing a company s primary business activity. This category is usually determined by the largest portion of revenue. Bloomberg Financial Dictionary * * * industry in‧dus‧try [ˈɪndəstri] noun industries PLURALFORM 1. [uncountable] … Financial and business terms
Industry Lifecycle — A concept relating to the different stages an industry will go through, from the first product entry to its eventual decline. There are typically five stages in the industry lifecycle. They are defined as: i. Early Stages Phase alternative… … Investment dictionary
Industry — For other uses of this term, see Industry (disambiguation) An industry (from Latin industrius , diligent, industrious ) is the manufacturing of a good or service within a category. [http://dictionary.reference.com/browse/industry industry… … Wikipedia
industry — noun ADJECTIVE ▪ booming, growing, thriving ▪ one of the fastest growing industries in the world ▪ important, key, major ▪ … Collocations dictionary
declining — adj. Declining is used with these nouns: ↑demand, ↑economy, ↑fortune, ↑health, ↑importance, ↑industry, ↑number, ↑profit, ↑profitability, ↑proportion, ↑standard, ↑ … Collocations dictionary
Fishing industry in Scotland — found fishing to be of much greater social, economic and cultural importance to Scotland than to the rest of the UK. Scotland has just under 8.6% of the UK population but lands at its ports over 60% of the total UK catch of fishref|Royal.Many of… … Wikipedia
History of the modern steel industry — The history of the modern steel industry began in the late 1850s, but since then steel has been basic to the world s industrial economy. This article is intended only to address the business, economic and social dimensions of the industry, since… … Wikipedia
sunset industry — noun an old and declining industry … English new terms dictionary