industrial production
nounUK /ɪnˈdʌstriəl prəˈdʌkʃən/
US /ɪnˈdʌstriəl prəˈdʌkʃən/
Industrial production is the making of lots of goods in factories using machines.
The country's industrial production grew quickly after the new factories opened.
RELATED WORDS
OTHER MEANINGS
2. The total amount of goods made by a country's factories, often tracked as an economic measure.
Economists watch industrial production to see how strong the economy is.
3. The process of turning raw materials into finished products on a large scale.
Industrial production turns steel into cars and appliances.
4. The part of a company's business that involves making things rather than providing services.
She works in industrial production, managing a factory line.