Economy
Longford's main industries are food production, sawmills, steelworking, generator retailing, cable making and the production of medical diagnostics. It is the major services centre for the county as well as the location of the Department of Social Welfare and the Irish Prison Service. The town is also a local commercial centre, with many retail outlets including multiples such as Tesco, Argos and Homebase, German discount retailers, Aldi and Lidl and Irish retail outlets such as Dunnes Stores and Penneys.
Up until 2007, construction was a major local employer, mainly due to government tax breaks for property development provided under the Rural Renewal scheme. However the downturn in the construction industry, the withdrawal of Rural Renewal, and extensive local oversupply of property has caused large job losses in the construction industry and a significant increase in unemployment in the region.
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Famous quotes containing the word economy:
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—Doris Lessing (b. 1919)
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—Ralph Waldo Emerson (1803–1882)
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—Anthony, Sir Eden (1897–1977)