The industrial sector is made of companies that produce goods that are used to produce other goods (i.e. the goods created by industrial companies are not bought by consumers but are actually bought by those in the manufacturing and construction industries). 

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The industrial sector tends to decline during times of economic recessions but the various subsectors within the industry will perform differently from one another. 

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Specific sub-sectors that fall within the industrial sector include:

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• aerospace and defence 

• industrial machinery 

• construction 

• waste management 

• manufactured housing 

• cement and metal fabrication 

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Check out what aerospace lawyers or construction lawyers do for a more detailed breakdown!