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declining industry

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declining industry

An industry whose output is declining over time. In the UK, the shipbuilding and textile industries declined in the 20th century. A declining industry is also associated with a fall in employment in the industry.



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? Mentioned in ? References in periodicals archive
 
But Rodine says the land shouldn't be preserved for a declining industry when lucrative jet operations could be fueling the Valley economy.
Declining occupational employment stems from declining industry employment and technological change.
Shrinking employment in a declining industry translates directly into reduced contributions to the multiemployer plan.
 
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