Economy
Galway City is the capital of Connacht. The city has experienced very rapid growth in recent years. Galway has a strong local economy with complementary business sectors, including manufacturing industry, tourism, retail and distribution, education, healthcare and services that include financial, construction, cultural, and professional.
Most (47%) of the people employed in Galway work in either the commerce or professional sector, with a large number (17%) also employed in manufacturing. Most industry and manufacturing in Galway, like the rest of Ireland, is hi-tech (e.g. ICT, medical equipment, electronics, chemicals, etc.), due to the Celtic Tiger economic boom. Tourism is also of major importance to the city, which had over 2.1 million visitors in 2000, and produced revenue of over €400 million.
Read more about this topic: Galway
Famous quotes containing the word economy:
“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)
“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)