Economy
For many years, Dubuque's economy was centered on manufacturing companies such as Deere and Company and Flexsteel Industries. While industry still plays a major role in the city, the economy has diversified a great deal in the last decade. Today, health care, education, tourism, publishing, and financial services are all important sectors of the city's expanding business climate. There are several major companies which are either headquartered in Dubuque, or have a significant presence in the city. Dubuque's ten largest non-government employers include:
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Some other companies with a large presence in the area include: The McGraw-Hill Companies, Diamond Jo Casino(400), A.Y. McDonald Mfg. (375), Nordstrom (250), Alliant Energy, Swiss Valley, The Metrix Company, Tschiggfrie Excavating Co., and Cottingham & Butler.
In recent years, Dubuque's economy has grown very rapidly. In fact, in 2005, the city had the 22nd-highest job growth rate in the nation, far outpacing the rest of Iowa. This ranking placed the city in a level of growth similar to Austin, Texas, and Orlando, Florida, among others. The city created over 10% of the new jobs in Iowa in 2005. Also, the number of jobs in Dubuque County has reached new all-time highs, with over 57,000 people working in non-farming jobs. Many new and existing businesses have announced significant expansion plans, including: Sedgwick CMS, McGraw-Hill Higher Education, Deere and Company, Cottingham & Butler, Quebecor World Inc., Namasco, and many others.
Read more about this topic: Dubuque, Iowa
Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)