smokestack stocks
stocks (shares) in manufacturing companies
TRANSLATION
smokestack = der Schornstein stock(s) = die Aktien smokestack stocks = Industrieaktien
STATISTICS
IN THE PRESS
"Since the attacks, some of the SMOKESTACK STOCKS in the industrials have been hard hit by worries that an economic recovery will be delayed and that the world could sink into recession."
(Wall Street Journal, September 25, 2001)
(Wall Street Journal, September 25, 2001)
Did you
know?
This meaning for smokestack first entered the language in 1926. It describes that sector of industry characterized by manufacturing and especially heavy industry.
Environmental awareness and the notion that manufacturing is "old economy" has given the term smokestack a slightly negative association.
Environmental awareness and the notion that manufacturing is "old economy" has given the term smokestack a slightly negative association.
