Steeled for Recovery
December 23rd 2006
The Economist
It's not only small towns that are re-thinking themselves
"WHEN the wind blows right, everybody in downtown smells the Cheerios," says Charles Rosenow, an economic-development official in Buffalo. Indeed, the scent is unmistakable even half a mile from the General Mills factory along the Buffalo river.
Few other relics from the industrial glory days of Buffalo are still working. The city's population has plunged by more than half since 1950, from 580,000 then to 280,000 today. Though Buffalo remains the largest city in upstate New York, sections of its waterfront…