Economy Of Pittsburgh
The economy of Pittsburgh, Pennsylvania is diversified, focused on services, medicine, higher education, tourism, banking, corporate headquarters and high technology. Once the center of the American steel industry, and still known as "The Steel City," today the city of Pittsburgh has no steel mills within its limits, though Pittsburgh-based companies such as US Steel and Allegheny Technologies own several working mills in the Greater Pittsburgh area.
Pittsburgh was recently chosen for the 2009 G-20 summit as its transformation is an example of a 21st century economy. On September 8, 2009 President Barack Obama stated, "Pittsburgh stands as a bold example of how to create new jobs and industries while transitioning to a 21st century economy."
On the most recent list of best cities for job growth in 2009, created by Tara Weiss, a writer for Forbes magazine, Pittsburgh secured its spot because of its strength in the health care and education industries with healthy foundations in technology or robotics and banking industries. The most recent list of all cities places Pittsburgh as the 169th best city for job growth.
Pittsburgh has also ranked in the top five Most Livable Cities in the 1983, 1985, 1989 and 2007 editions of the "Places Rated Almanac."
Read more about Economy Of Pittsburgh: Present Situation, Twenty First Century Progression
Famous quotes containing the words economy of, economy and/or pittsburgh:
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The largest business in American handled by a woman is the Money Order Department of the Pittsburgh Post-office; Mary Steel has it in charge.”
—Lydia Hoyt Farmer (1842–1903)