page_title: Bangued
section_title: Economy
hierarchical_section_title: Bangued / Economy
caption_attribution_description: English: An old chapel at Bangued's public cemetery.
context_page_description: Bangued, officially the Municipality of Bangued, is a 1st class municipality and capital of the province of Abra, Philippines. According to the 2015 census, it has a population of 48,163 people.
context_section_description: The economy of the municipality is heavily dependent on agriculture particularly palay and corn, followed by trade and industry. Chinese businessmen dominate trade and manufacturing as a common preoccupation of the populace.
  The commercial activity of Bangued is confined in the urban core establishing a linear pattern of development along major thoroughfares. This is evident from Torrijos Street to Taft Street of Zone 5, McKinley Street to Santiago Street and Partelo Street of Zone 4, and Capitulacion Street of Zone 1 and Zone 2.
  For the year 2000 there were 1,539 commercial/business enterprises classified as wholesale and retail trade, dry and wet markets, banking and finance, service and others. There were 9 large suppliers of lumber, hardware and other construction supplies and materials.  Likewise there were also about 3 large contractors with undetermined number of small to medium scale. On the other hand, there were also a number of large to medium scale suppliers of general merchandise, groceries and various types of prime commodities.
  As the economic center of Abra, small scale or cottage industries abound. The most common are hollow blocks and other concrete products manufacturing with gravel and sand readily available at the Abra River bank. Wood and bamboo craft are also promising business enterprises with raw materials available in the vicinity and in the hinterlands for narra and other species of hardwood, rattan, and bamboos. Metalcraft, tinsmithing, jewelry making is also expanding while a lot of households are now in the small scale processing or value adding activities appertaining to various food items.
caption: San Lorenzo Ruiz Shrine
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