Darlington - Economy

Economy

Orange are the largest private sector employers in the town, hiring 2500 people. Nevertheless there are major engineering sites, with both Cleveland Bridge and the industrial arm of AMEC headquartered in the town. Cummins also operate a major engine building site.

This is a chart of trend of regional gross value added of Darlington at current basic prices published (pp. 240–253) by Office for National Statistics with figures in millions of British Pounds Sterling.

Year Regional Gross Value Added Agriculture Industry Services
1995 1,115 8 377 729
2000 1,192 6 417 768
2003 1,538 6 561 971

Darlington is historically a market town with a well established weekly outdoor market and a thriving indoor market located underneath the town clock on Prebend Row. Also located on Prebend Row is the Cornmill Shopping centre which is the main retail area of Darlington. The market square is one of the biggest in the country.

Darlington attracts people from a wide area to its newly pedestrianised town centre. The retail is remaining strong even through the economic downturn of 2009. House of Fraser and Marks & Spencer both have outlets in the town centre, with Debenhams scheduled to open in 2014.

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Famous quotes containing the word economy:

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)