New York City was once the capital of American manufacturing. In 1950, the city boasted nearly one million manufacturing jobs. By 2007 that number had
dwindled to 100,000. Today, New York's surviving factories face stiff
competition from foreign imports, and they have to fight for space against
condo developments and businesses ranging from art galleries to clothing
stores. What has losing this vital source of jobs meant for New York's
economy? The following videos profile three longtime manufacturers facing
the challenges of doing business in New York City.
Thursday, March 19th, 2009
Brooklyn umbrella maker struggles to compete with foreign imports.