deindustrialization

British  

/ ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən /

noun

1. the decline in importance of manufacturing industry in the economy of a nation or area

---

Example Sentences

"The mistake was not globalization. The mistake was in not preparing for the consequences of globalization," he said, drawing a parallel with the deindustrialization that followed the offshoring wave of the 2000s.

From Barron's • Apr. 12, 2026

Rising energy costs threaten to accelerate deindustrialization as energy-intensive industries such as chemical makers close factories and shift production to China or the U.S.

From The Wall Street Journal • Mar. 16, 2026

This partly explains, Cembalest writes, the deindustrialization that has afflicted its economy so debilitatingly in the last few years.

From MarketWatch • Mar. 9, 2026

But the script’s idyllic return to the South has newfound resonance for the contemporary reverse-migration taking place in many northern Black neighborhoods affected by the consequences of decades of redlining, deindustrialization and divestment.

From New York Times • Dec. 26, 2023

Today, due to globalization and deindustrialization, that is no longer the case.

From "The New Jim Crow" by Michelle Alexander