Cabañaquinta has traditionally been an economy driven by agriculture, livestock farming, and mining. The region’s rich natural resources, particularly its coal deposits, supported a thriving mining industry for much of the 20th century. However, as the mining sector has declined, Cabañaquinta has transitioned to focus more on tourism, leveraging its natural beauty and cultural heritage to attract visitors.
Tourism is now a growing industry in the town, with a focus on eco-tourism, outdoor activities, and cultural tourism. The town’s location in the mountains makes it an attractive base for travelers looking to explore the natural wonders of Asturias. Small-scale farming and artisanal production also remain important, with local farmers providing fresh produce and traditional Asturian products such as cheese, cider, and cured meats.
Additionally, Cabañaquinta is known for its craftsmanship, particularly in woodwork and metalworking, which have been passed down through generations. These traditional industries, though small-scale, play an important role in the town’s economy and contribute to its appeal as a destination that honors its heritage.