Economy
A part of the Black Country, Dudley traditionally has been an industrial centre of manufacturing, quarrying, and mining, although this has declined in more recent years, with a shift in focus towards the service sector (accounting for 79.1% of employment) and tourism. Despite this, there are still numerous large industrial sites around the borough, such as the Pensnett Trading Estate, with the manufacturing industries making up 15.3% of employment.
Tourism is of increasing importance to the local economy, with approximately 6,600 people employed within the sector. Attractions such as the Black Country Living Museum and Dudley Zoo bring in thousands of visitors, with 4.3 million visitors to the borough recorded in 2008.
The Merry Hill Shopping Centre in Brierley Hill is one of the largest shopping centres in the UK and is the main retail centre of the borough, with an average of 23.5 million visitors a year, and houses branches of several large retailers including Debenhams, Marks & Spencer, and Next.
Other large employers in the borough include JCDecaux UK, which has its Birmingham area office in Halesowen, Rentokil Initial, and Midtherm Engineering.
Read more about this topic: Metropolitan Borough Of Dudley
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)