Economy
Located in the far southern portion of the state, near the Florida line along the Interstate 75 corridor, it is a commercial center of South Georgia with numerous manufacturing plants. The surrounding area produces tobacco, naval stores, particularly turpentine, as well as pine lumber, and pulpwood. According to the Georgia Department of Community Affairs, Valdosta is called the "Naval Stores Capital of the World" because it supplies 80% of the world demand for naval stores.
In the retailing field, Valdosta has one major regional mall, Valdosta Mall, which features national chain anchor stores like JCPenney, Sears, Office Depot, PetSmart, Belk, Old Navy, and Ross Stores. Several large stores surround the mall or are near the mall including Best Buy, Home Depot, Kohl's, Lowe's, Office Max and Target. Valdosta has other notable shopping areas such as the Historic Downtown area with many local businesses, and the Five Points area which has a Big Lots, Winn-Dixie, and numerous national franchise and local restaurants.
Moody Air Force Base is located about 9 miles north of Valdosta in northern Lowndes County.
Read more about this topic: Valdosta, Georgia
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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)