Tag Archive | "revitalization.Economics"

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Pittsburgh, Knocking off the Rust

Pittsburgh, Knocking off the Rust

Yesterday’s NYTimes had a good article on the city of Pittsburgh and its surprising resurgence.

A generation ago, the steel industry that built Pittsburgh and still dominated its economy entered its death throes. In the early 1980s, the city was being talked about the way Detroit is now. Its very survival was in question.

Entrepreneurship bloomed in computer software and biotechnology. Two of the biggest sectors are education and health care, among the most resistant to downturns. Prominent companies are doing well. Westinghouse Electric,…

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