Tourism is a major contributor to the local economy. Milnthorpe had
coaching inns on the main road north, the modern
A6. The village used to be a major
traffic bottleneck before the opening of the
M6 motorway in 1970, and the
A590/
A591 Kendal link road a few years later. The congestion at Milnthorpe' cross roads was notoriously amongst the worst in the North West. The village is just outside the
Arnside and Silverdale National Landscape (formerly AONB), with the River Bela forming its northern boundary. The popular children's drink
Um Bongo was made in Milnthorpe by
Libby's in the 1980s. Milnthorpe is the home of Duralon Combs, a comb manufacturing business over 300 years old. Big Fish Internet Ltd (formerly BF Internet, now trading as BFI) was founded in Milnthorpe in 1996 and is now located away in
Sandside; it is the longest-established web design company in the UK. The village has a branch of the family-owned supermarket
Booths. Milnthorpe market was revived in the 1980s and for some years contributed substantially to the parish council's income through stall rentals. In the 21st century the market has reduced in size, reducing the council's income, but it is still held weekly, with a monthly
farmers' market. ==Governance==