Residents pointed at the closing of textile mills as one of the central causes of the decline. The Times writes: "The number of workers in manufacturing alone fell by a quarter in the county from 2005 to 2009, according to a census survey of employers." The mills were not alone responsible for the devastating decline, however, as layoffs from "a foundry, restaurants and construction companies [also] pummeled the county’s residents." According to the Times, the "decline also engulfed the middle class." Median household income fell by 28 percent over the period--a loss of nearly $12,000 in annual earnings.
A closer look at the county's social demographic characteristics might worry people around the country, as by many indications Greenwood residents are not so different from the average American. Over a quarter of residents had at least some college education in 2009, close to the 27 percent nationally. And Greenwood contains a number of institutions that can be as sprouting--or having sprouted--from economic success; the county "has a public university, which grants four-year degrees, a museum and a shopping mall."But the economy does not appear to be improving in Greenwood. Unless it does, residents will be forced to do what they can to stay afloat. Writes the Times: "Apache Pawn and Gun, a pawn shop in town, is packed with items sold by people trying to make ends meet."
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