Here Comes the Big Manufacturing Slowdown

Buttonwood Corp., a button manufacturing facility in Brooklyn, NY Photograph by Scott Eells/Bloomberg

A new TV commercial running in the New York region features Robert De Niro lauding the “new” New York State economy to the tune of Jay-Z’s Empire State of Mind. Quick-cut shots of high-tech manufacturing assembly lines, silicon wafers, and spinning wind turbines (among others) accompany De Niro’s voice-over about attracting businesses and creating jobs, lowering tax rates, and spurring innovation. The message is clear: Business and manufacturing in New York State is making a big comeback. It’d be nice if it were true.

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