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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)