Economy
The main economic engine of the valley is the Aspen/Snowmass recreational skiing complex which directly or indirectly drives the related tourism, hospitality, retail, construction, real estate, professional service and property maintenance industries. Although skiing forms the foundation of the economy, other activities increasingly contribute to visitor numbers. Non-winter recreational and cultural activities such as fly fishing on the Fryingpan and whitewater rafting on the Roaring Fork, Aspen Institute and Rocky Mountain Institute conferences, the Aspen Music Festival, and numerous other cultural events attract visitors year-round. Although the valley floor is largely privately owned, most of the surrounding highlands are within the White River National Forest and are another major source of recreation and tourism. Agriculture, principally livestock raising, plays a very moderate and declining role in the valley's economy. Potato cultivation has historically been important in the lower valley, but is virtually nonexistent at present.
Read more about this topic: Roaring Fork Valley
Famous quotes containing the word economy:
“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)
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—Henry David Thoreau (1817–1862)
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—Alexander Herzen (1812–1870)