Galway City is the capital of Connacht. The city has experienced very rapid growth in recent years. Galway has a strong local economy with complementary business sectors, including manufacturing industry, tourism, retail and distribution, education, healthcare and services that include financial, construction, cultural, and professional.
Most (47%) of the people employed in Galway work in either the commerce or professional sector, with a large number (17%) also employed in manufacturing. Most industry and manufacturing in Galway, like the rest of Ireland, is hi-tech (e.g. ICT, medical equipment, electronics, chemicals, etc.), due to the Celtic Tiger economic boom. Tourism is also of major importance to the city, which had over 2.1 million visitors in 2000, and produced revenue of over €400 million.
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Famous quotes containing the word economy:
“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 (18441900)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (18031882)
“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 (18121870)