industry
noun
ˈɪndəstri 
ˈɪndəstri 
1 [uncountable] the production of goods from raw materials, especially in factoriesheavy/light industrythe needs of British industryShe got a job in industry.2 [countable] the people and activities involved in producing a particular thing, or in providing a particular servicethe steel industrythe catering/tourist, etc. industryWe need to develop local industries. (figurative) the Madonna industry (= the large number of people involved in making Madonna successful) see also captain of industry, cottage industry, heavy industry, sunrise industry, sunset industry3 [uncountable] (formal) the quality of working hardWe were impressed by their industry.
Usage note: The economyManaging the economyhandle/run/manage the economyboost investment/spending/employment/growthstimulate demand/the economy/industrycut/reduce investment/spending/borrowingreduce/curb/control/keep down inflationcreate/fuel growth/demand/a boom/a bubbleencourage/foster/promote/stimulate/stifle innovation/competitionencourage/work with/compete with the private sectorincrease/boost/promote US/agricultural exportsban/restrict/block cheap/foreign importsthe economy grows/expands/shrinks/contracts/slows (down)/recovers/improves/is boomingenjoy an economic/housing/property boomEconomic problemspush up/drive up prices/costs/inflationdamage/hurt/destroy industry/the economycause/lead to/go into/avoid/escape recessionexperience/suffer a recession/downturnfight/combat inflation/deflation/unemploymentcause/create inflation/poverty/unemploymentcreate/burst a housing/stock market bubblecause/trigger a stock market crash/the collapse of the banking systemface/be plunged into a financial/an economic crisisbe caught in/experience cycles of boom and bustPublic financecut/reduce/slash/increase/double the defence/(especially US) defense/education/aid budgetincrease/boost/slash/cut public spendingincrease/put up/raise/cut/lower/reduce taxesraise/cut/lower/reduce interest ratesease/loosen/tighten monetary policybalance the (state/federal) budgetachieve/maintain a balanced budgetrun a ($4 trillion) budget deficit/surplus more collocations at politics, vote