Economy
Orange are the largest private sector employers in the town, hiring 2500 people. Nevertheless there are major engineering sites, with both Cleveland Bridge and the industrial arm of AMEC headquartered in the town. Cummins also operate a major engine building site.
This is a chart of trend of regional gross value added of Darlington at current basic prices published (pp. 240–253) by Office for National Statistics with figures in millions of British Pounds Sterling.
| Year | Regional Gross Value Added | Agriculture | Industry | Services |
|---|---|---|---|---|
| 1995 | 1,115 | 8 | 377 | 729 |
| 2000 | 1,192 | 6 | 417 | 768 |
| 2003 | 1,538 | 6 | 561 | 971 |
Darlington is historically a market town with a well established weekly outdoor market and a thriving indoor market located underneath the town clock on Prebend Row. Also located on Prebend Row is the Cornmill Shopping centre which is the main retail area of Darlington. The market square is one of the biggest in the country.
Darlington attracts people from a wide area to its newly pedestrianised town centre. The retail is remaining strong even through the economic downturn of 2009. House of Fraser and Marks & Spencer both have outlets in the town centre, with Debenhams scheduled to open in 2014.
Read more about this topic: Darlington
Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)