Economy
Like other towns situated along the Parkway in Sevier County, Sevierville has reaped the benefits of the burgeoning tourism industry brought on by the development of the Great Smoky Mountains National Park. As of 2004, nearly fifty percent of businesses based in Sevierville were linked to tourism. For example, there are over 2,000 hotel and motel rooms in the city today, generating more than $500,000(USD) in hotel-motel tax revenues each year.
East Tennessee Radio Group owns and operates the Sevierville area's primary local radio stations, WPFT-FM "106.3 THE MOUNTAIN" (Classic hits of the 1960s and 1970s, now sports talk) and FM 105.5 (adult contemporary music, known as "Mix 105.5"). Also, WWST-FM "Star" 102.1, a Top 40 music station serving the Knoxville market, is licensed by the Federal Communications Commission (FCC) to Sevierville.
Read more about this topic: Sevierville, Tennessee
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)
“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)
“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)