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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)