Abstract
During the interwar years of the twentieth century, the impact of the United States’s disengagement with rest of the world had a modest impact on the volume and composition of economic activity in New York. Although the City shared the nation’s robust prosperity during the 1920s, the local economy evidenced less of the structural dynamism that had characterized the previous decades.
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Notes
- 1.
Dollar amounts in different years were adjusted based on the wholesale price index for all commodities. Changes in the categorization of occupations between 1930 and 1940 censuses make it impossible to determine the change in the employment of wholesale dealers, importers, and exporters over the course of that period.
- 2.
The nine cities are Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Baltimore, Boston, Pittsburgh, and Washington, DC.
- 3.
Data for New York City’s Puerto Rican population in 1930 are not available. The City was, however, home to 62% of Puerto Rican residents of the mainland in 1920 and to 88% in 1940. So, 75% is an approximate linear interpolation of the 1920 and 1940 figures.
- 4.
The designation “South Atlantic” in this paragraph refers to Virginia, North and South Carolina, Georgia, and Florida.
- 5.
The electrical equipment industry was highly concentrated in the New York Industrial Area. The published reports of the 1929 census were the first to include tabulations of information about metropolitan economies surrounding large cities. The concentration ratio for electrical machinery, apparatus, and supplies in the New York Industrial Area, which included the City, Westchester County, NY, and Bergen, Essex, Hudson, Middlesex, Passaic, and Union Counties, NJ, was 2.52, and the weighted average concentration for the 10 growing industries was 1.64 (U.S. Census Bureau, 1933, pp. 362–365).
- 6.
Unless otherwise indicated the material in this section on the early days of radio broadcasting is drawn from (Head, 1978, pp. 90–153).
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Gurwitz, A. (2019). A Global City in a Less and Less Integrated World. In: Atlantic Metropolis. Palgrave Studies in American Economic History. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-13352-8_12
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