@illitarate4life,
It could well be proper usage. It appears to be a comment about data. The data has been sorted by Industry so industry is not a major component of the data itself. It is shorthand often used in graphs and data.
The statement means this:
This suite of data and analytics provides insight into government market activity
sorted by Industry.
Other usages might be
Census of the USA, by race.
Census of the USA, by age.