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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)