Caldas Novas - Economy

Economy

The main source of income of the municipality is tourism. Caldas Novas is known throughout Brazil as one of the largest hydrothermal resorts in the world so in the high season the city receives as many as 100,000 tourists and at carnival as many as 300,000 people. Almost two thousand people are employed in this sector. The infrastructure of the city has more than 80 hotels and pensions (12,000 beds), (many with heated swimming pools and all with hot water produced by the natural thermal system), chalets, clubs, nightclubs, bars and restaurants. (All data are from Sepin/IBGE)

Economic Data (2007)

  • Industrial establishments: 144
  • Financial Institutions in 2007: Banco do Brasil S.A. - Bradesco S.A. - Banco Itaú S.A. - CEF - HSBC Bank Brasil S.A. -Banco Multiplo
  • Dairies: Laticínios Serina Ltda.; - Coop. M. dos Prod. de Leite de Morrinhos Ltda.
  • Retail establishments in 2007: 1,282
  • Industrial district: Distrito Agroindustrial de Caldas Novas (June/2006)
  • Automobiles: 10,500 (2007)

Main agricultural products in ha.(2006)

  • cotton: 120
  • rice: 600
  • banana: 20
  • coconut: 20
  • oranges: 220
  • lemon: 15
  • corn: 3,600
  • soybeans: 15,600
  • sorghum: 1,200

Farm Data (2006)in ha.

  • Number of farms: 551
  • Total area: 79,324
  • Area of permanent crops: 114
  • Area of perennial crops: 17,634
  • Area of natural pasture: 40,770
  • Persons dependent on farming: 1,100
  • Farms with tractors: 136
  • Number of tractors: 211 IBGE

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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)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

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    Alexander Herzen (1812–1870)