Economy
The china clay industry now employs only just over 2000 people, a mere fraction of the workforce in the early 20th century. However, the industry still achieves a higher annual output than ever before.
The town's economy is supported by its town centre shops and supporting businesses.
The St Austell Brewery, which celebrated its 150th anniversary in 2001, supplies cask ale to pubs in Cornwall and the rest of the UK. They are best known for their flagship beer, St Austell Tribute; a number of other ales are brewed but are rarely seen outside Cornwall. St Austell Brewery's original brewery 'The Seven Stars Inn' still stands today on East Hill in the town.
Read more about this topic: St Austell
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)