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==Economy and industry== The regional economy was traditionally based on industries such as coal mining in the [[Leen Valley]], and manufacturing. Since the invention of the [[knitting frame]] by local [[William Lee (inventor)|William Lee]], the county, in particular [[Nottingham]], became synonymous with the lace industry.<ref>{{cite web|author=Sheila A. Mason, BA (Hons), FRSA|title=Legacies – Nottingham – Black lead and bleaching – the Nottingham lace industry|url=https://www.bbc.co.uk/legacies/work/england/nottingham/article_1.shtml|website=www.BBC.co.uk|publisher=[[BBC]]|year=2004|access-date=23 December 2017|archive-url=https://web.archive.org/web/20180212025055/http://www.bbc.co.uk/legacies/work/england/nottingham/article_1.shtml|archive-date=12 February 2018|url-status=live}}</ref> In 1998, Nottinghamshire had a [[gross domestic product]] (GDP) per-capita of [[Pound Sterling|£]]12,000, and a total GDP of £12,023 million. This is compared to a per-capita GDP of £11,848 for the [[East Midlands]], £12,845 for England, and £12,548 for the United Kingdom. Nottingham had a GDP per-capita of £17,373, North Nottinghamshire £10,176, and South Nottinghamshire £8,448.<ref>{{cite web|publisher=[[Office for National Statistics]]|year=2001|url=http://www.Statistics.gov.uk/downloads/theme_compendia/regional_trends_2001/rt36.pdf|title=Regional Trends 26, chapter 14.7|website=www.Statistics.gov.uk|access-date=24 December 2005|url-status=dead|archive-url=http://webarchive.nationalarchives.gov.uk/20031222031333/http://www.statistics.gov.uk/downloads/theme_compendia/regional_trends_2001/rt36.pdf|archive-date=22 December 2003}}</ref> In October 2005, the United Kingdom had 4.7% unemployment, the East Midlands 4.4%, and the Nottingham commuter belt area 2.4%.<ref>{{cite web|publisher=East Midlands Observatory|year=2005|url=http://www.EastMidlandsObservatory.org.uk/popup.asp?thetype=2&thefile=uploads/documents/8A138/labour%5Fmarket%5Ffigures%5Foctober%5F2005%2ehtm|title=Labour market statistics for October 2005|website=www.EastMidlandsObservatory.org.uk|access-date=24 December 2005|url-status=dead|archive-url=https://web.archive.org/web/20160312005826/http://eastmidlandsobservatory.org.uk/popup.asp?thefile=uploads%2Fdocuments%2F8a138%2Flabour_market_figures_october_2005.htm&thetype=2|archive-date=12 March 2016}}</ref>
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