<p>If I'm understanding your question, this typically means the amount of revenue that an industry generates. Usually, the statement "this is a ____ industry" is labeled. For example, "this is a $1,000,000 a year industry." Although recognizing how much revenue an industry generates is nice and is helpful, it may not apply to a person looking to break into an industry. It's important to note that profit and revenue are not the same things.</p>

CC BY-SA 3.0
2017-05-10T14:49:05.123Z
2017-05-10T14:49:05.123Z
c4sadler
<p>In product pitches, a timeless line is "this is a $____ industry", but what does that really mean? Is that how much money the industry typically produces in a year? In a quarter? As some ratio of the annual/quarterly sales or profits? What does it mean?</p>

CC BY-SA 3.0
2017-05-09T17:19:04.310Z
If I'm understanding your question, this typically means the amount of revenue that an industry generates. Usually, the statement "this is a ____ industry" is labeled. For example, "this is a $1,000,000 a _year_ industry." Although recognizing how much revenue an industry generates is nice and is helpful, it may not apply to a person looking to break into an industry. It's important to note that profit and revenue are not the same things.
c4sadler
CC BY-SA 3.0
2017-05-10T14:47:09.033Z
@c4sadler Mind writing that as an answer?
TheEnvironmentalist
<macroeconomics>
What does the value of an industry mean?
TheEnvironmentalist
# What does the value of an industry mean?

(Asked by: username_0 on 2017-05-09)

In product pitches, a timeless line is "this is a $\_\_\_\_ industry", but what does that really mean? Is that how much money the industry typically produces in a year? In a quarter? As some ratio of the annual/quarterly sales or profits? What does it mean?

**Tags:** macroeconomics
> **Comments:**
> **username_1**: If I'm understanding your question, this typically means the amount of revenue that an industry generates. Usually, the statement "this is a ____ industry" is labeled. For example, "this is a $1,000,000 a _year_ industry." Although recognizing how much revenue an industry generates is nice and is helpful, it may not apply to a person looking to break into an industry. It's important to note that profit and revenue are not the same things.  
> **username_0**: @c4sadler Mind writing that as an answer?  

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## 1 answers

### Answer by username_1 on 2017-05-10. Score: 1

If I'm understanding your question, this typically means the amount of revenue that an industry generates. Usually, the statement "this is a \_\_\_\_ industry" is labeled. For example, "this is a $1,000,000 a year industry." Although recognizing how much revenue an industry generates is nice and is helpful, it may not apply to a person looking to break into an industry. It's important to note that profit and revenue are not the same things.


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