Often used to describe the economy of the late 19th and early 20th century.
Indeed, recent data show the economy could use a bit of stimulus.
Surely an economy that's developing in efficiency should be using less energy year-on-year, not more.
The fall in gasoline prices amounts to a tax cut, which the economy can certainly use.
A much smarter approach would be to mandate that the economy use less carbon.
The local economy used to be strongly based on industry, which has been declining, however.
Its economy used to be based on industry (iron manufacturers), but now it is mainly tertiary.
Outside of manufacturing, the economy uses less than 6,000.
An economy with high unemployment is not using all of the resources, specifically labour, available to it.
The local economy used to be based on the pillars carbon, steel and textiles.