the business of building houses, offices, factories etc:
• The building industry is still in recession.
* * *
building UK US /ˈbɪldɪŋ/ noun
► [C] PROPERTY a structure with walls and a roof, for example, a house or a factory: »
The museum is an impressive building.
»an office/apartment/industrial building
► [U] PROPERTY the activity of building houses, factories, etc.: »
There's going to be a lot more building and a lot more development activity.
»He had to project-manage the building of a new factory.
»building materials
»a building project
»a building inspector
► PRODUCTION the activity of building cars, planes, machinery, etc.: »
They spent millions of dollars on the building of a prototype.
»a car building plant
► [U] the process of creating or developing something: »
The building of team spirit is very important in this organization.
»We offer courses in assertiveness and confidence building.
Financial and business terms. 2012.