industrial sector


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Sector

A set of securities or individual companies that are similar to each other. For example, all automotive companies in the United States are said to belong to the American automotive sector. See also: Industry.

industrial sector

that part of the economy concerned with the production of INTERMEDIATE PRODUCTS (iron and steel, machinery and equipment, etc.) and FINAL PRODUCTS (washing machines, furniture, etc.)

The industrial sector, together with the PRIMARY SECTOR and SERVICE SECTOR, form an interlocking chain of economic activities that constitute a modern economy. See STRUCTURE OF INDUSTRY.

References in periodicals archive ?
The Summit will be held under the theme "Towards a Sustainable Industrial Sector in the MENA region".
In addition, Alfaouri said the MoU will strengthen co-operation between the two organisations to achieve desired administrative development, particularly in the Gulf industrial sector.
He pointed out that the law of small and medium-sized enterprises which will be issued soon, mainly focuses on guiding young people to invest in the industrial sector and support national industries.
He went on to say that "the obstacles facing the industrial sector include Kuwaitis' reluctance to join the private industrial sector due to the unmatchable privileges offered to public servants.
Abdulla Belhoul, managing director of Dubai Industrial City, said: "We, at Dubai Industrial City, believe in the comprehensive nature of the industrial sector, which cannot be developed effectively and efficiently without providing all the necessary industrial requirements for the success and growth of the sector such as infrastructure, roads, labour villages, modern offices, and energy, amongst many other industrial requirements.
economy clearly decelerated in the first half of 2011, a number of positive trends germane to the industrial sector suggest the outlook should remain upbeat.
Riyadh's Chamber of Commerce and Industry has prepared a data base on the industrial sector in the Kingdom of Saudi Arabia.
Yaser Abdel Hadi, Executive Director of EJABI, stated regarding the roundtable, "Lean manufacturing has many benefits and it is essential that we gather together Jordan's industrial sectors to discuss its application in Jordan's industrial environment.
The Minister of Environment and Water, Dr Rashid Ahmed bin Fahd, said yesterday the laws would also ward off negative effects of the industrial sector on public health.
Industrial sector workers were paid for an average of 4.
Promanex serves the growing demand in the industrial sector for outsourced total facilities management.
This growth belies the fact that the industrial sector will decline slightly as a result of the continued contraction of the large general industrial coatings sector and the smaller automotive refinishes market.

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