surrounding markets

USAGE SUMMARY

The phrase "surrounding markets" is correct and usable in written English.
It can be used to refer to markets that are geographically or contextually adjacent to a specific market or area of interest. Example: "The company is looking to expand its operations by analyzing the surrounding markets for potential growth opportunities."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

12 human-written examples

A weakening Chinese economy has combined with an upcoming U.S. election to add to the air of uncertainty surrounding markets.

The Washington Post

And for 10 cents, a farmer can get a printout listing the prices of any agricultural commodity sold at surrounding markets.

The New York Times

While most of the company's New York apartments are in Manhattan, "more and more, we're looking at the surrounding markets," he said.

The New York Times

It is currently available in Washington and its surrounding markets (i.e. all of the areas served by our MLS for the Mid-Atlantic).

The Washington Post

"Westchester has benefited by the fact that there's just not a lot of available space in surrounding markets," said Frank Tomasulo, a first vice president at CB Richard Ellis.

The New York Times

The county, benefiting from a lack of available space in surrounding markets, had an increase of 1.8 million square feet of leased space, a rate that was up 44percentt from a year earlier.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

As the number of intermediaries increases, so does the uncertainty surrounding market success.

Harvard Business Review

Federal regulators have taken a closer look at "unlimited" data plans and the surrounding marketing.

The Washington Post

Expect a long wait on weekend afternoons, when the surrounding Market Square neighbourhood is at its most exuberant.

The Guardian - Travel

The primary purpose of a settlement or market town, according to central-place theory, is the provision of goods and services for the surrounding market area.

Encyclopedia Britannica

They say they have an obligation, when considering the pay of these workers, to remain in step with the surrounding market.

The New York Times

Expert writing Tips

Best practice

When analyzing market trends, consider not just the primary market but also the "surrounding markets" to gain a comprehensive view of the competitive landscape and potential opportunities. This broader perspective helps in identifying indirect influences and emerging trends.

Common error

Avoid focusing solely on direct competitors within the primary market. Analyze the "surrounding markets" for businesses offering substitute products or services, as they can indirectly impact your market share and strategic decisions.

Linguistic Context

The phrase "surrounding markets" functions as a noun phrase, where "surrounding" acts as an adjective modifying "markets". This phrase typically specifies which markets are being referred to, usually in relation to a central or primary market. As confirmed by Ludwig, the phrase follows standard grammar rules.

Expression frequency: Common

Frequent in

News & Media

62%

Science

23%

Wiki

15%

Less common in

Formal & Business

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

In summary, "surrounding markets" is a grammatically sound and frequently used phrase for referring to markets geographically or contextually near a primary area of interest. Ludwig AI confirms its correctness. Predominantly found in News & Media, Science and Wiki sources, the phrase serves to describe or analyze the interconnectedness of markets. When writing, consider the phrase's analytical purpose and avoid neglecting indirect competition from these "surrounding markets". Alternatives like "adjacent markets" or "nearby markets" can offer nuanced meanings depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

adjacent markets

Focuses on the markets that are immediately next to the area of interest.

neighboring markets

Highlights markets in close proximity, emphasizing geographical closeness.

nearby markets

Emphasizes the short distance to the market.

local markets

Refers to markets that are in the immediate vicinity, often smaller in scale.

regional markets

Indicates markets within a broader geographical region.

outlying markets

Focuses on markets that are situated on the periphery.

peripheral markets

Similar to "outlying markets", emphasizing a location away from the center.

secondary markets

Indicates markets that are less important or smaller in scale compared to a primary market.

associated markets

Markets that are related or connected, not necessarily geographically close.

connected markets

Highlights the interdependence or links between different markets.

FAQs

How can I use "surrounding markets" in a sentence?

You can use "surrounding markets" to describe the markets geographically near or economically linked to a central market, such as, "The company is analyzing the "surrounding markets" to identify potential expansion opportunities".

What are some alternatives to "surrounding markets"?

Some alternatives to "surrounding markets" include "adjacent markets", "neighboring markets", or "nearby markets", depending on the specific context.

What is the difference between "surrounding markets" and "regional markets"?

"Surrounding markets" typically refer to those in close proximity to a specific market of interest, while "regional markets" encompass a broader geographical area. The former is more localized, while the latter covers a larger economic zone.

In what contexts is it most appropriate to use "surrounding markets"?

It is most appropriate to use "surrounding markets" in business, economics, or real estate contexts when discussing the impact of adjacent or nearby markets on a central market's performance or strategy. For example, assessing how "neighboring markets" influence property values.