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Saw this in the D&C and it is the top article on the website. This is basically saying what I have said and felt about our region all along. Rochester as definitely taken a hit from the huge losses of manufacturing jobs from cutbacks at Kodak and other firms, but we have weathered it pretty well in comparison to many other cities who have suffered extreme losses in manufacturing, AND there is hope for this area to have a strong economy once again. Yes, our taxes are high, and yes we have a lot to work to do to make up for what we've lost, but Rochester is not "dying". We have so many assets, and just need to realize that and utilize them more!
(March 2, 2008) — Once upon a time, Rochester was a city that built things.
As recently as the early 1980s, factories churned out millions of cameras, photocopiers, auto parts, eyewear and gears. And the companies that did the work — Eastman Kodak, Xerox, General Motors, Bausch & Lomb, Gleason Works and so on down the line — employed 165,000 people.
But an economy that once depended on those jobs has had to find a different way in recent years as massive corporate downsizings reduced manufacturing employment to less than 75,000.
Yet, arguably, the region has weathered the losses better than many others in the same economic boat in the Northeast and Midwest, buoyed by a unique set of strengths.
Last edited by bellafinzi; 03-02-2008 at 05:07 PM..
Reason: Post original content only. Rephrase short articles; post links for long ones
Yes! It's great to finally see Rochester portrayed in a positive light. We truly are a resilient group of people and we have weathered some difficult times. 50,000 jobs lost at Kodak alone--and we've managed to maintain an MSA population of over 1 million. Extremely impressive!
This only strengthens my notion that Rochester will begin to see the results of a long-awaited turnaround in the coming decade. I hope that ESL and Paetec moving downtown is just the beginning of a revitalization that will bring Rochester out its half-century "hibernation," and restore its reputation as a place of growth and progress.
So as you can see Albany and Poughkeepsie actually have a better GDP number than Rochester based on gdp/ total population = PPI. Rochester does have the highest GDP of the Major cities but when you compare it by population it is actual 3 for the Major cities. PPI is a better indicator than total GDP. Why do I say this look at NYC it has a GDP of over 1 trillion but not many cities can do that.So you could say NYC is the best for GDP but Nyc ppi is $30,000. When you compare that to DC which does about 300 billion in GDP the PPI is $36,000. So you see that Washington DC has a higher output per person which is better overall.
Saw this in the D&C and it is the top article on the website. This is basically saying what I have said and felt about our region all along. Rochester as definitely taken a hit from the huge losses of manufacturing jobs from cutbacks at Kodak and other firms, but we have weathered it pretty well in comparison to many other cities who have suffered extreme losses in manufacturing, AND there is hope for this area to have a strong economy once again. Yes, our taxes are high, and yes we have a lot to work to do to make up for what we've lost, but Rochester is not "dying". We have so many assets, and just need to realize that and utilize them more!
(March 2, 2008) — Once upon a time, Rochester was a city that built things.
As recently as the early 1980s, factories churned out millions of cameras, photocopiers, auto parts, eyewear and gears. And the companies that did the work — Eastman Kodak, Xerox, General Motors, Bausch & Lomb, Gleason Works and so on down the line — employed 165,000 people.
But an economy that once depended on those jobs has had to find a different way in recent years as massive corporate downsizings reduced manufacturing employment to less than 75,000.
Yet, arguably, the region has weathered the losses better than many others in the same economic boat in the Northeast and Midwest, buoyed by a unique set of strengths.
I read the entire article. It is a very weak argument. It was just a way to spin the data to make sound like it is improving.The article never compared itself to any other city with any data set. The real data was left out because it would not support their arguement.
I read the entire article. It is a very weak argument. It was just a way to spin the data to make sound like it is improving.The article never compared itself to any other city with any data set. The real data was left out because it would not support their arguement.
You are very perceptive. Many times things will be spun to make things look better than they are. You have to look at who is funding the article also. There is usually a motive behind it. It is good to try to trump up enthusiasm in an effort to improve things when they are just terrible, but sometimes you just have to look at the reality if things and the reality of the Rochester area seems to be, well........................better left unsaid I guess.
You are very perceptive. Many times things will be spun to make things look better than they are. You have to look at who is funding the article also. There is usually a motive behind it. It is good to try to trump up enthusiasm in an effort to improve things when they are just terrible, but sometimes you just have to look at the reality if things and the reality of the Rochester area seems to be, well........................better left unsaid I guess.
Are you a Rochesterian?
Last edited by Fallingwater79; 03-03-2008 at 09:43 PM..
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