Economy
Companies based in Quincy include Niemann Foods and Gardner Denver. Harris' Television and Radio Transmission has a facility in town. Titan Wheel (Titan International) is also located in Quincy. Blessing Hospital and the Quincy Public Schools round out the top three employers in the area.
In 1978, Quincy formed the Great River Economic Development Foundation, a private, non-profit organization designed to retain existing businesses and attract new ones to the area. This organization has been instrumental in putting the Quincy-Hannibal Area on the map as a distinct region in conjunction with the major metropolitan areas nearby such as Chicago, IL, St. Louis, MO, and even Kansas City, MO. As a whole, Quincy falls from average to just above average in several economic categories in comparison to the national averages.
The cost of living in Quincy is well below the national average. The city is also below the national averages in cost of food, utilities and other miscellaneous costs. In the fall of 2010 Quincy was listed as eighth in the top fifteen small cities to raise a family in the United States by Forbes magazine for its commute times, high school graduation rate, median household income, home ownership rate and cost of living. Forbes compared 126 cities with a population under 100,000 and ranked them on these five quality-of-life measures.
Read more about this topic: Quincy, Illinois
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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)