Economy
The china clay industry now employs only just over 2000 people, a mere fraction of the workforce in the early 20th century. However, the industry still achieves a higher annual output than ever before.
The town's economy is supported by its town centre shops and supporting businesses.
The St Austell Brewery, which celebrated its 150th anniversary in 2001, supplies cask ale to pubs in Cornwall and the rest of the UK. They are best known for their flagship beer, St Austell Tribute; a number of other ales are brewed but are rarely seen outside Cornwall. St Austell Brewery's original brewery 'The Seven Stars Inn' still stands today on East Hill in the town.
Read more about this topic: St Austell
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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)