Economy
Although once home to a number of different industries, Southwold's economy nowadays is mainly based on services, particularly hotels, holiday accommodation, catering, and tourism. With the surrounding areas largely given over to agriculture, the town is an important commercial centre for the area, with many independent shops and a market on Mondays and Thursdays. However there has been a marked trend in recent years for retailing chains, including food, clothing and stationery shops, to take over formerly independent retail premises.
Adnams Brewery is located in Southwold, and is the town's largest single employer. Although the fishing fleet and the industry generally is much diminished, Southwold Harbour remains one of the main fishing ports on the Suffolk coastline. In 2012, additional facilities for the fleet were constructed there, as part of the repair and reinstatement of the Harbour's North Wall.
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Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)