Economy
The Valley is reliant on agribusiness and tourism. Cotton, grapefruit, sorghum, maize, and sugarcane are its leading crops, and the region is the center of citrus production and the most important area of vegetable production in the State of Texas. Over the last several decades, the emergence of maquiladoras (factories or fabrication plants) has caused a surge of industrial development along the border, while international bridges have allowed Mexican nationals to shop, sell and do business in the border cities along the Rio Grande River. The geographic inclusion of South Padre Island also drives tourism, particularly during the Spring Break season, during which South Padre Island becomes reminiscent of New Orleans during Mardi Gras. There is a substantial health-care industry with major hospitals and many clinics and private practices in Brownsville, Harlingen and McAllen.
Texas is the third largest producer of citrus fruit in United States, the majority of which is grown in the Rio Grande Valley. Grapefruit make up over 70% of the Valley citrus crop, which also includes orange, watermelon, tangerine, tangelo and Meyer lemon production each Winter.
There are six semi-professional sports teams that play in the Rio Grande Valley: the Rio Grande Valley Whitewings (baseball), the Edinburg Roadrunners (baseball), the Rio Grande Valley Killer Bees (ice hockey), the Rio Grande Valley Vipers (basketball), the Rio Grande Valley Bravos (soccer), and the Rio Grande Valley Magic (indoor football).
Read more about this topic: Rio Grande Valley
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 counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)