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Real estate was the best of seven categories of funds focusing on single industries, gaining 29.8percentt.
The net effect was beneficial but the disadvantages are now apparent: heavy dependence on single industries (eg, cars in Slovakia) and on west European demand.
The report shows other unanticipated cities with high concentrations of advanced industries — Wichita, Kansas, for example — but these places tend to rely heavily on single industries, and they tend to stand alone rather than being clustered.
In some ways, the story sounds similar to that of the hundreds of company towns built across the US in the late 19th and early 20th centuries, to provide labour for single industries: mining, coal and logging towns.
And as banks have cut research staff in recent years, smaller boutiques have flourished, offering research into single industries, such as financial services or technology.In America the pressure on banks' analysts continues to mount.
We could create, for example, one commission to design a plan to restore balance to Social Security, one to review income tax deductions, one to review tax expenditures that target single industries and one to consider smaller programs for possible closure or merger.
Similar(51)
No single industry can survive.
No single industry dominates New York.
It is also confined mainly to a single industry — communications.
"Every single industry changes and, eventually, fades," he wrote.
Many of the rustbelt's cities were single industry towns.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com