industrial output

noun
UK /ɪnˈdʌstriəl ˈaʊtpʊt/
US /ɪnˈdʌstriəl ˈaʊtpʊt/

The amount of things that factories make.

The country's industrial output grew by five percent last year.


OTHER MEANINGS

2. The total value of goods produced by a country's factories and mines.

Economists track industrial output to measure economic health.

3. The quantity of items a particular factory or company produces.

The plant doubled its industrial output after installing new machines.

4. The results of manufacturing activity in a specific sector.

Steel industrial output fell during the recession.