Peak District - Economy

Economy

Tourism is the major local employment for Park residents (24%), with manufacturing industries (19%) and quarrying (12%) also being important; only 12% are employed in agriculture. The cement works at Hope is the largest single employer within the Park. Tourism is estimated to provide 500 full-time jobs, 350 part-time jobs and 100 seasonal jobs.

Limestone is the most important mineral quarried, mainly for roads and cement; shale is extracted for cement at Hope, and several gritstone quarries are worked for housing. Lead mining is no longer economic, but fluorite, baryte and calcite are extracted from lead veins, and small-scale Blue John mining occurs at Castleton.

The springs at Buxton and Ashbourne are exploited to produce bottled mineral water, and many of the plantations are managed for timber. Other manufacturing industries of the area are varied; they include David Mellor's cutlery factory in Hathersage, Ferodo brake linings in Chapel-en-le-Frith and electronic equipment in Castleton. There are approximately 2,700 farms in the National Park, most of them under 40 hectares (99 acres) in area. 60% of farms are believed to be run on a part-time basis where the farmer has a second job.

Read more about this topic:  Peak District

Famous quotes containing the word economy:

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    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)