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    News and Articles on Declining Industries



    State retail sales drop sets record  Oct 10, 2009
    Among the biggest declining industries in the latest quarter, retail sales from construction dropped 26 percent to $4. 3 billion and motor vehicle and parts dropped 21 percent to $2. (Puget Sound Business Journal, WA)

    Shining example  Sep 24, 2009
    Locals have been making their feelings clear about declining industries. In its place is a clean, green example of regeneration. (BBC News -- Americas)

    A Modern Menace  Aug 3, 2009
    They were encouraged to come to Britain largely as a source of cheap labor, to prop up declining industries that had not adapted to the modern economy. But, as with Ophelia s dress that held her up in the water, long it could not be. (The American Conservative)

    The problem with bailouts  Jun 5, 2009
    The right answer is not "save everybody." Human and physical capital should move out of declining industries and into more productive areas, unless America wants to be a permanent, industrial underperformer. But public-sector intervention usually errs on the side of the status quo. (Boston Globe)

    Nebraska leaders mulling Labor stimulus funding  May 18, 2009
    We want to talk about training (a change that would increase benefits for 26 weeks for people laid off from declining industries and enrolled in specific training programs), said Ken Maas, state AFL-CIO president. They are afraid to raise taxes. (Beatrice Daily Sun, NE)

    Economics focus: Damage assessment  May 15, 2009
    Misguided efforts to prop up declining industries or dictate lending decisions would add to the damage. America is heading for an era of slower growth. (The Economist)

    State, feds offer more help for the jobless  Apr 9, 2009
    Worker training: Under the Workforce Investment Act, states get federal money each year to retrain dislocated workers with obsolete skills in declining industries. Some of the money can help youth and people re-entering the workforce. (San Francisco Chronicle -- Business)

    Abandoning the pillars of sound policy  Apr 4, 2009
    Tariffs are meant to protect workers in America's declining industries, but it would be far better for those workers to move from the industries of the past to the businesses of the future. The most disturbing trend may be an increased taste for arbitrary expropriation. (Boston Globe)

    Governor unveils legislative amendments to assist displaced workers  Apr 3, 2009
    Kaine's amendment to SB 1495 allows 26 additional weeks of benefits for persons who lost jobs in declining industries and are enrolled in training. The amendment will also permit workers laid off from part-time jobs to seek part-time work. (Chatham Star Tribune, VA)




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