local industries
Regional economic activity
Local industries are the businesses and economic activities concentrated in a particular geographic area, often shaped by regional resources, history, or labor markets.
A coastal town might have fishing and tourism as its local industries; a mountain region might rely on mining or timber.
The phrase typically appears in discussions of economic development, job creation, or the effects of globalization on regional economies: The factory closing devastated local industries.
- manufacturingIndustrial product creation
- factory floorManufacturing workspace area
- economic developmentStructured advancement of prosperity
- agricultureCultivation of land, livestock
- food processingIndustrial ingredient transformation
raw materials · retail · artisanal crafts · green technologies · markets · trade · trade skills · construction · skilled labor · machinery · brewing · urban centers · fishing · artisans · mom and pop · employment opportunities · rural areas · smokestacks
- local jobs
- Territory Economicsfederal aid, federal grants, economic development, tax incentives, infrastructure funding
local industriesmultinational corporations
Businesses operating in multiple countries
international trade · global supply chains · international business · Wall Street · national industries