Economy
The economy is strongly dependant on the tertiary sector, with many office buildings in the city centre. Oviedo's status as the administrative centre of the region supports a large number of jobs in public administration. The manufacturing sector, which remains important in this part of Spain, is not much in evidence in Oviedo itself, but is more important in the adjacent municipalities of Siero and Llanera which lie to the north of the city, between Oviedo and Gijon. In 2009 the Oviedo municipality had a total debt of €135,185,000.00.
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Famous quotes containing the word economy:
“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 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)
“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)