Economy
Historically, the economy of the area has strong links with the transport industry. The proximity of substantial waterways made shipbuilding a major industry in the south of the borough, and today the pleasure boat industry still dominates the area around Hamble-le-Rice and Bursledon, made famous by the television drama series on the subject, Howards' Way, which was filmed in the area. The borough is also strongly linked with the Spitfire, the first test flights of which took place from Southampton Airport in Eastleigh.
The economy of the borough today is dominated by the retail sector, which accounts for around 33 per cent of the jobs in the borough, and this proportion is rising. As well as the large Swan Centre, a shopping centre in the town of Eastleigh, there is a large out-of-town retail development near Hedge End which includes flagship stores for Marks & Spencer and Sainsbury's among others. Eastleigh also has proportionately more manufacturing and construction jobs than the nation, but the number of jobs in these sectors is declining in the borough.
The B&Q head office is in the Portswood House in Eastleigh, Eastleigh borough.
Read more about this topic: Borough Of Eastleigh
Famous quotes containing the word economy:
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—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)