INDUSTRY LIFECYCLE
A concept that refers to the normal stages an industry goes through during the course of its lifecycle in the market. Normally, there are five stages in this lifecycle
- Early Stage - Altering and positioning product design, forming the range and boundaries of the industry itself
- Innovation - Product innovation decreases, start of innovation process, and arrival of dominant design
- Cost or Shakeout - Firms establishing concrete design, achieving economies of scale, forcing smaller players to be purchased or exit altogether
- Maturity - Revenue becomes the main focal point
- Decline - Revenue drops, the industry in general may be changed by another one
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |


