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Ok.. but this is an article about manufacturing. So which manufacturing town in the US is a hot market? They don't call it the rust belt for nothing. Edit: Av
by rgbrenner 10y ago
Ok.. but this is an article about manufacturing. So which manufacturing town in the US is a hot market?
They don't call it the rust belt for nothing.
Edit: Average home price in Detroit: $38k
- Spooky23 10y agoThe rust belt are the places that lacked diversification. There are lots and lots of little rust belts that were overshadowed. For example, New York City. NYC had 875k manufacturing jobs in the mid 60s, which plummeted 60% by 1993. The same thing happened for complimentary industries like wholesaling. Info: https://www.bls.gov/mlr/1993/02/art4full.pdf https://www.bls.gov/mlr/1993/02/art4full.pdf Those cool hipster spaces in Brooklyn, etc are there because hundreds of people were working there until the 80s.