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==Economy== Historically, Como's economy was heavily reliant on industry, particularly its world-renowned silk production. In the early 1970s, Como's silk output surpassed that of China and Japan, establishing it as a global silk manufacturing hub.<ref>{{cite web|title=Lake Como's Silk|date=16 June 2019|url=https://lakecomotravel.com/lake-como-silk-history-and-shops/|publisher=lakecomotravel.com|access-date=13 December 2022|archive-date=13 December 2022|archive-url=https://web.archive.org/web/20221213194328/https://lakecomotravel.com/lake-como-silk-history-and-shops/|url-status=live}}</ref><ref>{{cite news|last=Tagliabue|first=John|title=Italian Silk Industry Upset By a New U.S. Trade Law|url=https://www.nytimes.com/1997/04/10/business/italian-silk-industry-upset-by-a-new-us-trade-law.html|access-date=18 July 2010|newspaper=The New York Times|date=10 April 1997|archive-date=2 April 2015|archive-url=https://web.archive.org/web/20150402195605/http://www.nytimes.com/1997/04/10/business/italian-silk-industry-upset-by-a-new-us-trade-law.html|url-status=live}}</ref> However, increased competition from Asian producers since the mid-1990s significantly reduced profit margins, leading to the closure of many small and medium-sized silk firms. As a result, manufacturing is no longer the dominant economic force. Como has become increasingly integrated into the [[Milan metropolitan area]], with a significant portion of its workforce employed in the [[service industry]]. Many residents also commute to Swiss towns like Lugano and Mendrisio for employment in industry, healthcare, and hospitality, attracted by higher wages in Switzerland despite the daily commute.<ref>{{cite web|title=Cross-border commuters|url=https://www.bfs.admin.ch/bfs/en/home/statistics/work-income/employment-working-hours/economically-active-population/cross-border-commuters.html|publisher=Admin.ch|access-date=19 November 2022|archive-date=19 November 2022|archive-url=https://web.archive.org/web/20221119051859/https://www.bfs.admin.ch/bfs/en/home/statistics/work-income/employment-working-hours/economically-active-population/cross-border-commuters.html|url-status=live}}</ref> Since the late 1990s, tourism has become increasingly vital to Como's economy. Local businesses have shifted towards catering to tourists, with a proliferation of bars, restaurants, and hotels. In 2023, Como welcomed approximately 400,000 overnight visitors, establishing itself as a leading tourist destination in Lombardy.<ref>{{cite web|title=Turismo a Como, i pernottamenti crescono del 28% rispetto al 2022|date=22 September 2023|url=https://www.espansionetv.it/2023/09/22/turismo-a-como-i-pernottamenti-crescono-del-28-rispetto-al-2022/|publisher=espansione TV|access-date=6 March 2024|language=Italian|archive-date=10 December 2023|archive-url=https://web.archive.org/web/20231210020056/https://www.espansionetv.it/2023/09/22/turismo-a-como-i-pernottamenti-crescono-del-28-rispetto-al-2022/|url-status=live}}</ref> The city and Lake Como's popularity as filming locations for feature films, along with celebrity residents, has further boosted international tourism, making Como a sought-after destination since the early 2000s.<ref>{{cite web|title=Best Places to Visit in Italy|url=https://travel.usnews.com/rankings/best-places-to-visit-in-italy/|publisher=US News|access-date=7 October 2021|archive-date=7 October 2021|archive-url=https://web.archive.org/web/20211007103447/https://travel.usnews.com/rankings/best-places-to-visit-in-italy/|url-status=live}}</ref>
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