#economic-decline

#economic-decline

"With automotive manufacturing experiencing its toughest start to the year since 2009, urgent action is needed to boost domestic demand and our international competitiveness," he warned.

Small mining towns that thrived in the early 1900s have largely declined into disrepair, with some now transformed into tourist destinations that highlight their historical significance.

"We are not yet sounding the alarm, but standing still means going backward. Not only did we lose our position as Europe worldwide, but within Europe, the Netherlands is now losing importance."

"I worked in one of those," he says. "I met people over the 1970s and 1980s whose lives depended on those workplaces and who assumed that that was going to be their life."

"What can I say about it? It's depressing, it's sad," Keihani said. "I feel bad actually even looking at the sale because there are people who are out of jobs now."

China's national government is facing a decline in tax revenue, impacting its ability to tackle significant economic challenges such as the housing market crash.

The fashion industry has been declining for years but it is an important industry to maintain in New York City, adding to the dynamism of New York.