Cities across the Midwest have put great hopes and resources into “magic bullets”– one-shot solutions to jobs and economic prosperity. Some have hit the target, but many have backfired. The Changing Gears project explores the economic transformation of the industrial Midwest.
All month, Changing Gears, the series which explores the evolving Midwest economy, looked at changes in manufacturing. Kate Davidson investigated a trend that has people punching out at night while the machines keep working.
Foreclosure activity dropped by more than a third this past year, according to the group RealtyTrac. But despite the national slowdown, regional companies that take care of foreclosed homes are still thriving.