Industry Decline Quotes

Every major industry was once a growth industry. But some that are now riding a wave of growth enthusiasm are very much in the shadow of decline. Others that are thought of as seasoned growth industries have actually stopped growing. In every case, the reason growth is threatened, slowed, or stopped is not because the market is saturated. It is because there has been a failure of management.

I've watched the world crash and burn in every sense. I've watched the record industry crash and burn; politically I've watched it crash and burn, financially crash and burn.

The sealing industry is dying.

Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.

I called the album 'The Chemo' because it seems like the industry and music overall is dying slowly.

There used to be a lot of industry in Montreal, and now there's not, so it's really easy to get huge, empty spaces where you can practice and make music or make art for very, very cheap.

We have no companies now, not in the sense that I know, that nurture actors. It's very depressing that, given the money they get, the companies today don't number up in my estimation. They should be bringing on young talent, and they don't.

I sold Blockbuster because I saw what was coming: the satellite dish, technology that would make the business obsolete in a few years. Why would people go to a store for a video and then have to return it when they had a dish?

A record company used to be a very good thing, but they ended up soul-destroyingly trapping people in the accounting department. And you couldn't get any further, and the heads of each department were changing all the time, so you couldn't have any permanent relationship within the corporation.

When you see a merger between two giants in a declining industry, it can look like the financial version of a couple having a baby to save a marriage.

More than 60,000 jobs have been lost in the commercial aviation industry in the United States since 1999.

Our aim is to make tax collecting a declining industry.

Even the biggest coal boosters have long admitted that coal is a dying industry - the fight has always been over how fast and how hard the industry will fall.

Tariffs have almost never saved a domestic industry from decline and, often times, by sheltering domestic producers from competition, only reward and prolong bad business practices.

A lot of my friends aren't working, especially since fewer films are being made now and there's more competition.

I don't like the way a lot of music is going these days. No one buys it.

Despite the frequent use of coal miners as a potent political symbol, coal jobs are disappearing - and they're not coming back.

One of the problems with industries that have been in relatively long-term declines is that, very often, the managements in those industries develop a kind of loser mentality. And when you ask them what's wrong with the business, they'll point to extraneous forces.

When you take into public ownership a profitable industry the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers.

We've lost 400,000 jobs in Michigan because of downsizing.

A lot of airlines have come and gone.

In the U.S. there are many people willing to work on $9 per hour, which is causing Tasmania to lose its famous apple industry and Australia to import more and more of its fruit and food from lower cost countries. In fact, all over Australia there are warning signs of us killing or restricting our own industries.

In another time, another world, each studio made 200 movies a year and had 20 executives. Today, a studio makes less than 20 movies a year and has 500 executives. They own too many parking decks and too many billboard companies. They're awash in overhead, and it's pinning them down, and they know it.

We see the sea as this place of leisure and this place, you know, a blue patch on the map to fly over because we all go by plane these days, mostly. And we don't really see it as a place of industry anymore.

When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear.