DECLINING INDUSTRY
It is an industry that is going to go down and will affect the economic growth of a country. Or it is an industry that once had a good blown industry but as time goes by it is slowly going down. Reasons for a declining industry are the consumer demand may be steadily evaporating, the depletion of a natural resource may be occurring, or there may be the emergent substitutes because of technological innovation. An example of a declining industry is the railroad industry, it xperienced decrease in demand but has failed to remain competitive in pricing and it is more efficient than the airlines and trucking services.
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Deposit/Withdrawal At Custodian - DWAC
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
