This
week I decided to start developing my hypothesis to whether Niagara Falls State
Park really influences the city of Buffalo economically in a beneficial or
negative way. Going through all the research and inventory that I’ve gathered,
I personally don’t think The Falls as a tourist attraction has much of an economic
effect to the city of Buffalo. I decided to side track a bit and started to dig deeper into the history of
Buffalo, New York. Based on the data, I noticed some patterns; the city of Buffalo seem to be in
an exponential downfall in terms of population and an increase in poverty.
According to Census, during
the 1950s Buffalo was the 15th largest city in the country being the nation's
largest inland port, 2nd biggest rail center, 6th largest steel producer, and 8th largest manufacturer. Currently in the 21st
century, the United Nations released a report entitled "State of the
World's Cities" in which the Buffalo-Niagara Falls area was specifically
cited as having one of the worst rates of economic inequality in the world and
that it was racially based. The report stated "… western New York state,
where 40 per cent of black, Hispanic and ethnically mixed households earned
less than $15,000 in 1999, as compared to 15 per cent of white households. In addition, the United States Census
department also released information placing the Buffalo-Niagara metro area, as
the 8th most segregated area
in America. Segregation and job loss leads to population
loss to the city, which is exactly what is occurring in this Queen city.
With a downfall in
population, Buffalo faces issues such as vacancy and abandoned houses. The
Queen city currently ranks 2nd only to St. Louis on the list
of American cities with the most vacant properties per capita. - Vacant Houses, Scourge of a Beaten-down Buffalo.New York Times. Retrieved
September 14, 2007.
Below are the
principal employers trying to keep the people of Buffalo to stay and make this
Queen city thrive once again. According to the City's 2011 Comprehensive Annual Financial
Report, the principal employers
in the Buffalo Metropolitan Area as of 2011 are:
#
|
Employer
|
# of Employees
|
1
|
State of New York
|
27,955
|
2
|
University at Buffalo
|
10,898
|
3
|
Kaleida Health
|
10,000
|
4
|
United States of America
|
10,000
|
5
|
Catholic Health System
|
6,230
|
6
|
Employer Services Corp
|
6,089
|
7
|
Buffalo City School District
|
5,200
|
8
|
Tops Markets
|
5,103
|
9
|
HSBC Bank USA
|
5,000
|
10
|
M&T Bank
|
4,611
|
- Edward L
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