basic industry

basic industry

n
(Economics) an industry which is highly important in a nation's economy
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CHICKENS reared to basic industry standards could find themselves in spaces almost 25% smaller than an A4 piece of paper if the Government adopts new European Union legislation, it was claimed yesterday.
This is almost all basic industry, since most of the goods manufactured in Colorado are exported from the state.
Cuba intends to increase unrefined nickel production from 74,000 metric tons last year to 76,000 tons in 2007, the country's minister of basic industry said Mar.
Basic industries are best analyzed in terms of labor income rather than employment, output, or production because the amount of basic industry labor income earned and spent in a local area more profoundly affects that economy than the number of basic workers, the board feet of timber, or the ounces of gold produced.
The 3rd Basic Industry Mergers & Acquisitions Summit, building on its successes in 2009 and 2010, will be held at Crowne Plaza Hotel Shanghai on November 24-25, 2011.
Montana's economic growth is largely determined by basic industry activity.
Ospraie Management, LLC is a New York based investment management firm that currently oversees over USD 4 billion in basic industry and commodity investments.
Trade center activity is Billings' largest basic industry.
Basic industry workers' labor income represents new funds injected into Montana's economy.
In addition, the annual basic industry data end in 1987, while the quarterly figures for personal income and non-farm labor income extend to mid-1989.
Vulcan Materials Company (NYSE:VMC) will be presenting at the Davenport & Company Construction Materials & Basic Industry Conference at The Roosevelt Hotel in New York City on Tuesday, March 7th.
In addition, the annual basic industry data terminate in 1986, while the quarterly figures for personal income and nonfarm labor income are available to mid-1988.

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