Economy
A part of the Black Country, Dudley traditionally has been an industrial centre of manufacturing, quarrying, and mining, although this has declined in more recent years, with a shift in focus towards the service sector (accounting for 79.1% of employment) and tourism. Despite this, there are still numerous large industrial sites around the borough, such as the Pensnett Trading Estate, with the manufacturing industries making up 15.3% of employment.
Tourism is of increasing importance to the local economy, with approximately 6,600 people employed within the sector. Attractions such as the Black Country Living Museum and Dudley Zoo bring in thousands of visitors, with 4.3 million visitors to the borough recorded in 2008.
The Merry Hill Shopping Centre in Brierley Hill is one of the largest shopping centres in the UK and is the main retail centre of the borough, with an average of 23.5 million visitors a year, and houses branches of several large retailers including Debenhams, Marks & Spencer, and Next.
Other large employers in the borough include JCDecaux UK, which has its Birmingham area office in Halesowen, Rentokil Initial, and Midtherm Engineering.
Read more about this topic: Metropolitan Borough Of Dudley
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)