: 1,111)[1] is an unincorporated rural community situated along the north shore of the Minas Basin/Cobequid Bay, at approximately 45°23'N, 63°54'W, in Colchester County, Nova Scotia.
Mi'kmaqs presumably named the area thus because the shoreline juts out into the Minas Basin at what is now known as Economy Point.
Mi'kmaqs hunted and gathered throughout the region for thousands of years prior to the settlement of Acadian families in the Economy area.
The economy is based on logging, firewood, wild lowbush blueberry and weir fishing.
Landmark buildings are the Scott house, church and the recently closed historic General Store.