It usually means that the industry is producing goods and services that people value.
"The industrial revolution removed man from being in every aspect of producing goods, " says Gupta grandly.
As a business graduate, I fully understand the importance of producing goods within one's borders.
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This means that the United States is producing goods with higher value, such as airplanes and medical equipment.
We built this country by making things, by producing goods we could sell.
It has no real interest in real business, that is, directly or indirectly producing goods and services for the public.
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The financial sector is thus still largely disconnected from financing the real economy of producing goods and services for real live customers.
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Many pundits argue that the costs of producing goods in another country can be more expensive than doing so with local labor and facilities.
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That is, is it producing goods for exchange or is it able to provide services in exchange for the goods and services it wants?
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For most of the past 65 years, federal, state, and local governments had a larger direct economic role producing goods and services than they do today.
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The cot of producing goods fell in December, according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics on Wednesday.
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Moreover, a large chunk of its emissions come from producing goods consumed by rich developed nations, which have exported much of their manufacturing industry to China.
People generally complain about power plants being built in their locality even though power is needed for running industries, producing goods and providing employment for the multiplying population.
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They include the legacy of high debt and earlier deficits, trade unions that have consistently thwarted reform, and obsolete industries producing goods so shoddy that they would be uncompetitive at almost any exchange rate.
It has a comparative advantage in producing specialist goods that require a global market.
This is a huge undertaking for a company that until the mid-1990s concentrated on producing electrical goods for other manufacturers.
Scarce land, labor, and capital goods must be used producing those specific goods that are most valued by members of society.
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Labor Department statistics show that Americans are producing more goods than in previous years, but are being paid less for their work.
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Others are esoteric, producing idiosyncratic goods that few other countries can make.
Private-label work carries other risks, such as losing margins on your brands when retailers see you're producing similar goods cheaper for someone else.
How will they influence efforts by the developing countries to move further up the value chain by producing processed goods rather than just commodities?
When the rise of the foreign industry is due to it becoming more efficient, producing more goods with the same resources, both nations gain.
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On the one hand, its schools turn out a workforce capable of producing the goods that have made its companies the export champions of the world.
But his absence from this year's World Championship, after losing in qualifying, and a lowly world ranking of 58, suggests Ding has some way to go before producing the goods on a consistent basis.
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The promise of American manufacturing, the power of producing tangible goods that people want to buy, was on full display at the Washington Auto Show, where the President stopped by last Tuesday.
Such subcontracting, and the increasing role of middlemen, have made it easier for retailers to lose track of which factories are producing their goods and, many critics say, to avoid taking responsibility for poor factory conditions.
Companies producing perishable goods frequently use air-freight.
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Whereas sales of the luxury goods producing companies have stagnated, those of the daily goods companies have continued to grow.
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The Bureau of Labor Statistics reports that today only 14% of working Americans are in goods producing jobs, down from more than 25% in 1973.
Of the 72, 000 jobs created by medium-sized payrolls, 7, 000 jobs were created by the goods producing sector and 65, 000 jobs were created by the service-providing sector.
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