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:
“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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)