Economy
Leeds has a diverse economy with the service sector now dominating over the traditional manufacturing industries. It is the location of one of the largest financial centres in England outside London. New tertiary industries such as retail, call centres, offices and media have contributed to a high rate of economic growth. This is a chart of trend of regional gross value added of Leeds at current basic prices with figures in millions of British pounds sterling.
| Year | Regional Gross Value Added4 |
Agriculture1 | Industry2 | Services3 |
|---|---|---|---|---|
| 1995 | 8,713 | 43 | 2,652 | 6,018 |
| 2000 | 11,681 | 32 | 2,771 | 8,878 |
| 2003 | 13,637 | 36 | 3,018 | 10,583 |
Read more about this topic: City Of Leeds
Famous quotes containing the word economy:
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)