Back to Search Start Over

South Bend comes out from under.

Source :
BusinessWeek; 2/19/1966, Issue 1903, p58-64, 5p
Publication Year :
1966

Abstract

The article reports on the economic recovery in South Bend, Indiana after Studebaker Corp.'s relocation to Canada wiping out the city's 45 million dollars annual payroll and 8% of jobs. It states that the city's employment rate is less than 2.5% and labor shortage is a major problem after two years since the shutdown. It mentions the efforts to alleviate the effects of the company closure including income restrictions, postponements to mortgage foreclosures, and job hunt and assistance program.

Details

Language :
English
ISSN :
00077135
Issue :
1903
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
57806602