Economy
The town has long been a major commercial, retail, and arts centre for the Midlands. Until the early 20th century, the main industries of the town were flour milling and the manufacture of worsted fabric. Since their respective declines, the government has been one of the major employers in the town: the maximum-security Port Laoise Prison, which houses the majority of the Irish Republican political prisoners sentenced in the Republic, the Midlands Prison, and the Department of Agriculture are all large-scale employers in the town.
The National Spatial Strategy for Ireland has identified Portlaoise as an ideal location for an inland port. This designation encourages the town to focus on the growth of distribution, logistics and warehouse uses, which ties in well with its strong transport connections.
Retail spaces includes the Dunamaise Arts Centre which comprises a cinema, performance space and exhibition space, the Portlaoise Leisure Centre, Laois Shopping Centre, Kyle Centre, Parkside Shopping Centres and a retail park on the Timahoe Road. The town hosts the regional finals of the Rose of Tralee (festival) in June and the Halloween Howls Comedy Festival on the October bank holiday weekend. It is also home to Electric Picnic which takes place the first weekend in September every year.
Portlaoise is one of Ireland's fastest growing towns with a 37.9% increase from 2006 to 2011. It has a large immigrant community (30% of total population) mainly from Poland, Slovakia, Lithuania, Nigeria and Latvia.
Read more about this topic: Port Laoise
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)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)