Buffalo Makes Forbes' "America's Fastest-Dying Cities" List
With continued population erosion, above-average unemployment and slow economic growth, Buffalo has been included on a list of “America’s Fastest-Dying Cities.”
The list is published by Forbes.com.
Buffalo is the only city in New York state to make the publication’s list. The editors take into account a population loss of nearly 42,000 residents since 2000, an unemployment rate of 5.7 percent compared to 4.3 percent nationally and annualized gross domestic product (GDP) growth of 1.9 percent.
Forbes said: “Buffalo has long been synonymous with city-in-decline. In the early 1900s, Buffalo was one of America’s 10 largest cities, a burgeoning industrial center. It’s been on decline ever since, despite a location that takes advantage of trade with Canada.”
As someone who recently came to Buffalo from out-of-state, it’s really disappointing for me to see a city with so much potential wasting away because of failed leadership.
I heard a clip of Buffalo Mayor Byron Brown whining about the Forbes article, promising to write Forbes Magazine a letter talking about all the positive things about Buffalo that “prove” it’s not a dying city.