The phrase
"economic engine" refers to something that drives and powers the economy. It is often used to describe industries, businesses, or sectors that generate significant growth, wealth, and employment opportunities for a region or country. These
economic engines contribute to the overall economic development and prosperity of an area by fueling business activity, investments, and consumer spending.
Full definition
The primary
economic engines of the city are professional and financial services, tourism and high technology.
In states whose
economic engines run on dirty fuel, teaching kids about climate change is under new attack.
And they are turning this nation's huge
economic engine with a million little gears, as almost all family businesses have fewer than 500 employees.
The service targets small - to - medium enterprise, a market segment that represents 98 per cent of the North
American economic engine, the company says.
Basically, I use it, adjusted for temporary accounting issues, and try to figure out what I'm paying for the
core economic engine relative to my opportunity costs.
We became the country's
economic engine because our entrepreneurs were the most innovative, and their ideas and investments built our city into a global powerhouse.
As is quite clear for everyone to see, a majority of the data which powers the
modern economic engine is delivered to customers through the use of streaming services.
The short version is that the most destructive war in human history created the
greatest economic engine that the world has ever seen.
And regarding the free college tuition plan, Little said she was concerned how the proposal would affect private colleges, including Paul Smiths, which serve
as economic engines of the community.
«The governor's Tax - Free NY initiative will turn New York's campuses
into economic engines and anchors for start - up activities — an important economic strategy,» Simpson said.
The transformation of the old Bethlehem Steel site into a new
regional economic engine will take a big step forward next month when new Fiats and Chryslers begin rolling off ships docked at Sparrows Point.Pasha Automotive Services is opening an automotive...
The
main economic engines of Point Loma are military facilities, neighborhood - serving retail, and marine recreation, particularly yachting and deep - sea fishing.
«I think we can ignite a very powerful
economic engine by just finding these great women with business ideas and helping them get started,» said Gillibrand.
reported that nonprofits had become «a
key economic engine for New York,» employing «1,246,916 paid workers in 2010,» or «18.1 percent of the state's total private workforce.»
«It is also a
powerful economic engine in our communities, nurturing entrepreneurs and innovators and preparing the next generation's workforce.»
Philadelphia now has the largest Millennial population of any major city in the US — contributing to the area's tax base and
economic engine while drawing in employers seeking an educated, talented workforce.
The Independence Party approved a resolution congratulating Cuomo on proposing the amendment, saying the proposal «will
provide economic engines for many region.»
Whether they support their families with a mix of full - time work and domestic duties or forego a salary to stay at home and make the majority of purchasing decisions, women are a significant driver of the
U.S. economic engine.
«My chief focus was to have Hamilton recognized as a
potential economic engine of this province and I think some of my hard work is coming to fruition now,» says Marsales.
«The NY Parks 2020 plan is building on our State's recent success in developing our parks and historic sites into
local economic engines, and it will position New York State as a top recreation destination for years to come.»
The nation's biggest labour market has more people working at low wages than any other
big economic engine of Canada (Quebec, B.C., Alberta)
It would be inappropriate to devote public revenues to a private casino corporation when the people of New York were promised after the casino referendum that these casinos would be generating revenue for their local economies and would
become economic engines themselves.
It is also the
largest economic engine in the Midwest region, with a Gross Metropolitan Product of over $ 569 billion — third only to New York City and Los Angeles.
Large swatches of rural America are struggling to educate children effectively, develop
strong economic engines, and preserve communities.
Whether it's by raising the tax on gas, making cities more bike friendly or getting serious about providing government support to these human -
powered economic engines, there's much more to be done to get cargo bikes into the mainstream.
Unless the power of our
own economic engine domestically is unleashed, the pressure of holding down home sales and mortgage loans will continue its steady trend of stagnation or decline over the longrun.
Both candidates showed strong support for the military and keeping a strong presence at Fort Drum, a
significant economic engine in the western part of the district.
Richard Florida wrote in the Globe and Mail (and I can't link because of their stupid fence) about the
possible economic engine that could be Toronto, Buffalo and Rochester.
As the centerpiece of the medical innovation ecosystem, NIH not only supports the research that leads to treatments and cures for our most devastating diseases, but drives the life
sciences economic engine, annually sustaining over 400,000 jobs and nearly $ 60 billion in economic activity nationwide.
«The Fair is an
upstate economic engine and an important cultural outlet that is intended to serve all New Yorkers.
It can be the seed for a new
economic engine much more powerful than Bitcoin, where augmentation of its capabilities are open to the public in a much more direct way.
Lost amid the talk about China's
sputtering economic engine is that the rise in consumer spending is a big reason why the headline GDP growth figures aren't worse than they are.
The latest sales figures underscore Kentucky bourbon's emergence as a «global force» and one of the state's «most
prized economic engines», said Eric Gregory, president of the Kentucky Distillers» Association.
Airports, and the communities they serve at home and abroad, are
prime economic engines that require supportive policies and robust government services.
Its diverse and growing membership produces 90 percent of the world's Bourbon, from legendary, global brands to emerging micro distilleries that are fostering the next generation of the Commonwealth's timeless craft and
treasured economic engine.
Phrases with «economic engine»