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 |
|---|---|---|---|
| 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 |


