Economy
According to the Plano 2011 Comprehensive Annual Financial Report, the top employers in Plano are:
| # | Employer | # of Employees |
|---|---|---|
| 1 | Bank of America Home Loans | 5,400 |
| 2 | J. C. Penney | 5,000 |
| 3 | HP Enterprise Services | 4,800 |
| 4 | Capital One | 3,500 |
| 5 | Dell | 3,000 |
| 6 | Frito-Lay | 2,400 |
| 7 | Ericsson | 2,200 |
| 8 | Alcatel-Lucent | 1,830 |
| 9 | Medical Center of Plano | 1,500 |
| 10 | Dr Pepper Snapple Group | 1,250 |
Approximately 80% of Plano's visitors are business travelers, due to its close proximity to Dallas and the many corporations headquartered in Plano. The city also has a convention center that is owned and operated by the city. Plano has made a concerted effort to draw retail to its downtown area and the Shops at Legacy in an effort to boost sales tax returns. The Shops at Legacy area has apartments, shops, and restaurants constructed with the new Urbanism philosophy. An experimental luxury Walmart Supercenter is located at Park Boulevard and the Dallas North Tollway.
Read more about this topic: Plano, Texas
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)