Economy
Plymouth is an economic and tourism center of the South Shore. The major industry is tourism, with healthcare, technical and scientific research, real estate, and telecommunications also being primary industries. The largest employer in the town is Jordan Hospital.
Plymouth has experienced commercial and industrial success, with the downtown area and North Plymouth each becoming commercial centers and an industrial park opening outside of the town center. A large commercial project titled Colony Place located near the Industrial Park was completed in late 2007. It consists of several large retail stores, various chain restaurants, and contains one of the largest outdoor designer outlet malls in the South Shore. Another large retail development that has recently finished construction off Route 3's exit 5 is The Shops at 5. The only nuclear power plant in Massachusetts, Pilgrim Nuclear Generating Station, is located in Plymouth.
Plymouth has also recently seen the development of several residential projects, among them The Pinehills, which consists of over 1,000 residential units, two golf courses, a country club, and a shopping village. When completed in 2010, it is expected to contain 2,877 homes.
Read more about this topic: Plymouth, Massachusetts
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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)