Economy
According the 1993 National Economic Census the manufacture industry represented 50.2% of the local economy. The transnational groups Philip Morris and Pirelli have a cigarette plant and a tire plant —respectively— in the industrial park, at the surroundings of Merlo railway station.
Wholesale and retail trade, repair of motor vehicles 10.32%; transport, storage and communication 5%; financial intermediation, real estate and renting 13.72%.
The agriculture and livestock industry only represented 0.15% of the economy. The main activities are dairy farming, market gardening (flower farming and organic vegetavle farming), poultry and beekeeping, organized in small and medium enterprises (SMEs).
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)