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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)