Economy
The economy of Shropshire was traditionally dominated by agriculture. However, in more recent years it has become more service orientated. The county town of Shrewsbury, the historic castle-dominated Ludlow, the International Olympic Movement's birthplace Much Wenlock and the industrial birthplace of Ironbridge Gorge are the foremost tourist areas in Shropshire, along with the reclaimed canal network which provides canal barge holidays on the Shropshire Union Canal and linked canal networks in the region, although the natural beauty of the county draws people to all areas.
Industry is mostly found in Telford, Oswestry, Whitchurch, Market Drayton and Shrewsbury, though small industrial estates can be found in most of the market towns as well as former airfields in rural areas. Shrewsbury is becoming a centre for distribution and warehousing, as it is located on a nodal point of the regional road network.
In Telford, a new rail freight facility has been built at Donnington with the future goal of extending the line to Stafford, this is hoped it would open the freight terminal up to the East Midlands and the north, plus also re-connect Newport to the rail network.
Telford and Shrewsbury are the county's two main retail centres, with contrasting styles of shopping – Shrewsbury's largely historic streets and Telford's large modern mall, Telford Shopping Centre. Shrewsbury also has two medium-sized shopping centres, the indoor "Pride Hill" and "Darwin" centres (both located on Pride Hill), and a smaller, partially covered, "Riverside Mall". Shrewsbury's situation of being the nearest substantial town for those in a large area of mid-Wales helps it draw in considerable numbers of shoppers, notably on Saturday.
Well-known companies in Shropshire include Müller Dairy (UK) Ltd in Market Drayton. The Royal Air Force have two bases at RAF Cosford and RAF Shawbury, and the charity PDSA has its head office in Priorslee, Telford.
Read more about this topic: Economy Of Shropshire
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)