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:
“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)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)