"While everybody has been watching the Wall Street developments after the market crash, manufacturing has been declining even more," he said.
But as the recording industry in Camden took off, the manufacturing of musical boxes declined.
According to this statistical series, manufacturing has not declined relative to the overall economy.
This is partly because manufacturing has declined faster in the north.
At a time when manufacturing has steadily declined in New York City, residents seem to have become used to the idea of plant closings.
There has been steady movement towards service-based business as manufacturing has declined.
As American manufacturing declined in the late 20th century, the mills closed and the town fell on largely hard times.
Although manufacturing has declined, many of the 140,000 people in the area still live close to such plants.
Local manufacturing declined at the beginning of the 20th century with many people leaving the town.
As traditional manufacturing has declined, so the nation's live comedy output has gone through the roof.