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In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction .
Value of sales, shipments, receipts, revenue, or business done by sector in the United States economy in 1997, 2002, and 2007. Annual payroll by sector in the United States economy in 1997, 2002, and 2007. Employees by sector in the United States economy in 1997, 2002, and 2007.
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
The US machine tool sector never recovered from this body blow. [13] Between 1983 and 2005, U.S. exports grew by 340%, with exports of manufactured goods increasing by 407% over this period. In 1983, the primary export commodities of the U.S. was transportation equipment, computer and electronic products, agricultural products, machinery ...
Secondary sector of the economy is included in the JEL classification codes as JEL: L6 The main article for this category is Secondary sector of the economy . Subcategories
The number of companies, or cutoff, for each Sector Leaders list differs based on the total number of companies in that sector. So for example, there are more financials-sector companies on the ...
At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's activities within each sector changes.
The growth of fast fashion fueled environmental issues. Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 ...