page_title: Toledo, Spain
section_title: Economy
hierarchical_section_title: Toledo, Spain / Economy
caption_attribution_description: Hospital y Museo de Santa Cruz, Toledo
context_page_description: Toledo is a city and municipality of Spain, capital of the province of Toledo and the de jure seat of the government and parliament of the autonomous community of Castilla–La Mancha. Toledo was declared a World Heritage Site by UNESCO in 1986 for its extensive monumental and cultural heritage.
  Located on the banks of the Tagus in central Iberia, Toledo is known as the "Imperial City" because it was the main venue of the court of Charles V, Holy Roman Emperor in Spain, and as the "City of the Three Cultures" for the cultural influences of Christians, Muslims, and Jews reflected in its history. It was the capital from 542 to 725 AD of the Visigothic kingdom, which followed the fall of the Roman Empire, and the location of historic events such as the Councils of Toledo. The city, seat of a powerful archdiocese for much of its history, has a Gothic Cathedral, the Catedral Primada de España, and a long history in the production of bladed weapons, which are now common souvenirs of the city.
  People who were born or have lived in Toledo include Brunhilda of Austrasia, Al-Zarqali, Garcilaso de la Vega, Eleanor of Toledo, Alfonso X, Israeli ben Joseph, Halevi, and El Greco.
context_section_description: The metal-working industry has historically been Toledo's economic base, with a great tradition in the manufacturing of swords and knives and a significant production of razor blades, medical devices and electrical products. (The Toledo Blade, the American newspaper in Toledo's Ohio namesake city, is named in honor of the sword-making tradition.) Soap and toothpaste industries, flour milling, glass and ceramics have also been important. Goya Foods has its Madrid offices in Toledo.
  The manufacture of swords in the city of Toledo goes back to Roman times, but it was under Moorish rule and during the Reconquista that Toledo and its guild of sword-makers played a key role. Between the 15th and 17th centuries the Toledo sword-making industry enjoyed a great boom, to the point where its products came to be regarded as the best in Europe. Swords and daggers were made by individual craftsmen, although the sword-makers guild oversaw their quality. In the late 17th and early 18th century production began to decline, prompting the creation of the Royal Arms Factory in 1761 by order of King Carlos III. The Royal Factory brought together all the sword-makers guilds of the city and it was located in the former mint. In 1777, recognizing the need to expand the space, Carlos III commissioned the architect Sabatini to construct a new building on the outskirts of the city. This was the beginning of several phases of expansion. Its importance was such that it eventually developed into a city within the city of Toledo.
  In the 20th century, the production of knives and swords for the army was reduced to cavalry weapons only, and after the Spanish Civil War, to the supply of swords to the officers and NCOs of the various military units. Following the closure of the factory in the 1980s, the building was renovated to house the campus of the Technological University of Castilla-La Mancha in Toledo. According to the Statistical Institute of Castilla-La Mancha, in 2007 the recent distribution of employment by sectors of occupation was as follows: 86.5% of the population engaged in the services, 6.6% in construction, 5.4% in industry and 1.5% in agriculture and livestock.
caption: Museum of Santa Cruz, a former hospital.
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