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:
“He was naturally so sensitive, and so kind. But he had the insidious modern disease of tolerance. He must tolerate everything, even a thing that revolted him.”
—D.H. (David Herbert)
“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)