Economy
Tourism is a large contributor to Central Florida's economy. However, the area has economically diversified in the past decade. As a high-tech industrial hub, Metro Orlando has the seventh largest research park in the U.S., Central Florida Research Park, the engineering and business school of the University of Central Florida. It has defense companies such as Lockheed Martin and Siemens.
Medical research is conducted in Orlando's Lake Nona area with the University of Central Florida medical school, the Sanford-Burnham Medical Research Institute biomedical research facility and a new Veterans Administration hospital. These facilities, along with several research support companies, have led this research cluster to be referred to as Medical City.
Kennedy Space Center is a NASA facility. Patrick Air Force Base and Cape Canaveral Air Force Station are military installations located on the Atlantic coast.
Major malls and open-air centers in the area include:
- Altamonte Mall
- Downtown Disney
- The Florida Mall
- The Mall at Millenia
- Orlando Fashion Square
- Oviedo Marketplace
- Seminole Towne Center
- Universal CityWalk
- Volusia Mall
- Waterford Lakes Town Center
- West Oaks Mall
- Winter Garden Village at Fowler Groves
Read more about this topic: Central Florida
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)