Modern Economy
This is a chart of trend of regional gross value added (GVA) of Birmingham 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 Added4 | Agriculture1 | Industry2 | Services3 |
|---|---|---|---|---|
| 1995 | 11,106 | 3 | 3,632 | 7,470 |
| 2000 | 14,579 | 1 | 3,826 | 10,751 |
| 2003 | 16,890 | 2 | 3,859 | 13,029 |
^1 includes hunting and forestry
^2 includes energy and construction
^3 includes financial intermediation services indirectly measured
^4 Components may not sum to totals due to rounding
Today the city's products include: motor vehicles, vehicle components and accessories, weapons, electrical equipment, plastics, machine tools, chemicals, food, jewellery and glass. Birmingham is home to two major car factories, MG Rover in Longbridge and Jaguar in Castle Bromwich (and Land Rovers are manufactured in neighbouring Solihull).
Read more about this topic: Economy Of Birmingham
Famous quotes containing the words modern and/or economy:
“... it must be obvious that in the agitation preceding the enactment of [protective] laws the zeal of the reformers would be second to the zeal of the highly paid night-workers who are anxious to hold their trade against an invasion of skilled women. To this sort of interference with her working life the modern woman can have but one attitude: I am not a child.”
—Crystal Eastman (18811928)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (18721933)