A report released by the Pioneer Institute last Thursday, Feb. 11, paints a grim picture of the economic state of 14 Massachusetts cities, including Worcester.
In “Ten Years Later: Trends in Urban Redevelopment,” author Aaron Beitman offers this stark assessment:
“During the 19th and early 20th centuries, the industrial successes of these cities helped drive the U.S. economy. Since the mid-20th century, however, they have had a reversal of fortune. Factories have closed in large numbers, while commercial and financial institutions have packed up and left town. In the wake of industrial decline, these cities have struggled to reinvent themselves, even as surrounding communities have thrived, attracting new businesses, cultivating local business opportunities, improving educational outcomes, and maintaining safe neighborhoods.
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