Ten dying cities
Do you live in a dying city? 24/7 Wall St. is out with a list of ten U.S. cities which it says are dying. No doubt all of these cities have problems related to the economy and, in some cases, to their location, but I think most citizens of them would say that reports of their deaths are exaggerated. Here's what 24/7 said about cities that it believes are on life support: 1. Buffalo In 1900, Buffalo was the eighth-largest city in America. It was located on one of the busiest sections of the Erie Canal, the terminus of the canal on the Great Lakes. Thanks to its location, Buffalo had huge grain milling operations and one of the largest steel mills in the country. Buffalo prospered during WWII, as did many northern industrial cities. After the war, the manufacturing plants returned to the production of cars and industrial goods. The population rose to more than 500,000 in the mid-1950s. It is half that today. Buffalo was wounded irreparably by the de-industrialization of America. ...