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).
Read more about this topic: Nova Friburgo
Famous quotes containing the words economy and, economy and/or industry:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—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)
“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)