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 |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Dec | |
| 02:30 | PMI Manufacturing | Dec | |
| 02:30 | Tertiary Industry Index | Dec | |
| 02:30 | PMI Composite | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference |
