Campo Grande - Economy

Economy

Most of the city's active labor is absorbed by the tertiary sector (commerce and services). In spite of that, the primary and secondary sectors, especially agribusiness, still play an important role in the local economy. The farming of bovine livestock supplies local slaughterhouses, which in turn allows Campo Grande to export meat to other states in Brazil and abroad. In addition to food processing and agribusiness, construction and non-metallic mineral processing are important. The area's most important crops are soy, rice and manioc. Recently, sugar cane is becoming important as well. According to IBGE, Campo Grande has a total of 11,657 commercial and 1,300 industrial enterprises.

The city's GDP was R$11,6 billion (about of US$7,2 billions) in 2009, ranks as the richest city in the state, the fourth in the Central-West region of the country, and the 36th richest in Brazil (2009).

Per capita income was R$14.091 in 2008 (about of US$8,750).

Read more about this topic:  Campo Grande

Famous quotes containing the word economy:

    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)

    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)