Economy and Industry
The city's per capita GDP was of $10.853,00 in 2006. The service sector is responsible for the majority of the city's GDP. Nova Friburgo is noted for the manufacturing of female underwear and lingerie. Friburgo is known as the 'National Capital of Lingerie' for the size and variety of its production (around R$600 million). Local brands are beginning to compete in the international market (exports worth $4.6 million.) Other major industries include textile mills, metallurgic industries, tourism and floriculture (where it is the second largest producer of flowers in Brazil).
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Famous quotes containing the words economy and/or industry:
“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.”
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“Whatever I may be, I want to be elsewhere than on paper. My art and my industry have been employed in making myself good for something; my studies, in teaching me to do, not to write. I have put all my efforts into forming my life. That is my trade and my work.”
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