drivers of growth

USAGE SUMMARY

"drivers of growth" is correct and usable in written English.
You can use it when referring to the factors that are helping a company, product, or industry to grow. For example, "The rise of new technologies has been one of the major drivers of growth in the tech industry in the last decade."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Two important drivers of growth improved last quarter.

The New York Times

There were three main drivers of growth in the industry.

The Economist

This will in turn raise productivity and competitiveness, fostering domestic drivers of growth.

The Guardian

Emerging economies are investing heavily in their universities, as key drivers of growth and prosperity.

The Guardian

Human capital and technical change, rather than physical capital accumulation, were the main drivers of growth.

The Economist

And none of these staggering drivers of growth consider Apple entering entirely new markets.

The New York Times

The weak result suggests that exports, one of the few drivers of growth, have started to weaken.

The New York Times

Private purchases were the biggest drivers of growth, but fleet and business purchases also rose in August.

The Guardian - Business

In most rich countries manufacturing exports have been hammered by foreign competition; in Germany they remain powerful drivers of growth.

The Economist

Instead of killing the ad industry, the digital revolution has proved to be one of its primary drivers of growth.

The New York Times

Even slum-dwellers are often productiveIndia is ill-equipped to make such places attractive drivers of growth and better living.

The Economist

Expert writing Tips

Best practice

When discussing economic progress, clearly identify the specific "drivers of growth" to provide a focused analysis. For example, instead of simply stating 'the economy is growing', specify 'consumer spending and technological innovation are the key "drivers of growth"'.

Common error

Avoid attributing growth solely to broad factors like 'globalization'. Instead, pinpoint precise "drivers of growth", such as 'increased foreign direct investment and improved infrastructure', for a more insightful and credible argument.

Linguistic Context

The phrase "drivers of growth" functions as a noun phrase, typically identifying the factors that contribute to or cause an increase or expansion in a particular area, particularly in economics or business. As stated in Ludwig AI, the phrase is grammatically correct and usable in written English.

Expression frequency: Very common

Frequent in

News & Media

64%

Formal & Business

18%

Science

18%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "drivers of growth" is a commonly used and grammatically correct noun phrase that identifies key factors contributing to economic expansion and development. Ludwig AI confirms its usability in various writing contexts. Predominantly found in news and media, business, and scientific publications, it serves the purpose of explaining the reasons behind growth trends. When using the phrase, clarity and specificity are crucial. Instead of overgeneralizing, pinpoint precise factors like 'increased foreign direct investment' for more impactful communication. Alternatives like "growth stimulants" or "key growth factors" can add nuance to your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

key growth factors

Highlights the significance of certain elements in fostering growth.

growth engines

Metaphorically describes something that powers growth, similar to "drivers".

growth determinants

Emphasizes the factors that determine or influence growth levels.

growth accelerators

Focuses on speeding up the process of growth.

growth enablers

Emphasizes elements that make growth possible or easier.

growth stimulants

Focuses on the stimulus aspect of growth, rather than the driving force.

growth influencers

Highlights the capacity to affect or change growth patterns.

catalysts for expansion

Highlights the catalytic role in prompting economic expansion.

spurs to growth

Indicates that growth is being encouraged or prompted.

growth propellers

Suggests a forward-moving impetus to development.

FAQs

How can I use the phrase "drivers of growth" in a sentence?

The phrase "drivers of growth" is typically used to identify the key factors contributing to economic expansion or development. For instance, 'Technological innovation and increased exports are significant "drivers of growth" for the country's economy.'

What are some alternatives to saying "drivers of growth"?

Depending on the context, you can use alternatives like "growth stimulants", "key growth factors", or "growth engines".

What are typical examples of "drivers of growth" in a business context?

Common "drivers of growth" in business include increased market share, new product development, strategic partnerships, and improved operational efficiency.

How do I identify the main "drivers of growth" for a specific industry?

To pinpoint the main "drivers of growth", analyze market trends, technological advancements, regulatory changes, and consumer behavior specific to that industry.