Economy
| Sector | Quantity | % |
|---|---|---|
| Manufacturing | 213 | 7.2 |
| Construction | 369 | 12.5 |
| Distribution, Hotels and Restaurants | 972 | 32.8 |
| Transport and Communications | 157 | 5.3 |
| Banking, Finance and Insurance | 760 | 25.6 |
| Public Admin, Education and Health | 271 | 9.1 |
| Other | 221 | 7.5 |
Economic forecasts for 2010 show that the Craven District's diverse economy, measured in Gross Value Added (GVA), is worth £1.14 billion ($1.87 billion) Since 1998 the value of the District’s economy has grown by 45%. Craven hosts a variety of small businesses - 72% employ less than four people. Businesses that employ above 50 employees (2.2%) are mostly in the south of the District.
- The visitor economy sector has the largest number of businesses.
- The banking, finance and insurance sector has experienced significant growth since 2003 mainly through the Skipton Building Society group.
- Agriculture and land-based industries form a significant part of the District’s economy, particularly within the remoter areas.
- Manufacturing has declined since 2003 but is still a key sector: Major manufacturers are Johnson & Johnson Wound Management and Angus Fire & Transtechnology.
Read more about this topic: Craven
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