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All That Is Solid Melts into Air

In: Atlantic Metropolis

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  • Aaron Gurwitz

Abstract

Between the mid-1950s and the mid-1980s, total employment in the greater New York region grew much more slowly than nationwide, and during a large part of that period the number of jobs in New York City declined substantially. Over the same period, the industrial composition of regional employment shifted dramatically out of businesses producing and dealing in physical goods and into service sectors. This chapter explores the reasons for these changes by examining the analyses published in a study of the area’s economy commissioned by the Regional Plan Association in 1956. Considering what the study team got right and what they got wrong brings into focus the global, national, and local changes that produced the observed outcomes.

Suggested Citation

  • Aaron Gurwitz, 2019. "All That Is Solid Melts into Air," Palgrave Studies in American Economic History, in: Atlantic Metropolis, chapter 0, pages 501-535, Palgrave Macmillan.
    • Handle: RePEc:pal:psichp:978-3-030-13352-8_15
    DOI: 10.1007/978-3-030-13352-8_15
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