The industrial sector is made up of numerous companies listed on the stock exchange, whose activities differ based on the specific sector they belong to. The industrial sector in fact incorporates a large number of companies and the generic term refers to all companies that operate with raw materials.
The industrial sector therefore includes all companies that produce physical and tangible objects. Based on estimates of a country’s industrial production it is possible to understand the economic period it is facing.
Industrial production will in fact be consistent in prosperous periods, while during times of crisis there will be lower production.
The indices that analyze the industrial sector are therefore very important to understand how healthy the country in question is.