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...gone the traditional small-town-to-big-city route. (In the 1980s, by contrast, rural areas suffered a net loss of 1.4 million people.) Thanks to the newcomers, 75% of the nation's rural counties are growing again after years of decline. Some towns are even booming, with high-tech industrial parks and bustling downtowns in which refurbished storefronts boast serious restaurants and community theaters, ubiquitous brew pubs and coffee bars. Inevitably, a cottage industry is springing up to service the newcomers. At least four recent books promise to teach cityfolk how to find the village of their dreams (Moving...

Author: /time Magazine | Title: THE GREAT ESCAPE | 12/8/1997 | See Source »

...trend, which began in the back-to-nature '70s but stalled in the '80s, has roared back because of powerful technological forces that are decentralizing the American economy. The Internet and the overnight-shipping boom are enabling high-tech industries once tied to urban centers to settle in the countryside, creating jobs for skilled workers almost anywhere. There's a software-design company in Bolivar, Mo. (pop. 6,845); a big computer maker in North Sioux City, S.D. (pop. 2,019); a major catalog retailer in Dodgeville, Wis. (pop. 3,882), all attracting people who want to live in places...

Author: /time Magazine | Title: THE GREAT ESCAPE | 12/8/1997 | See Source »

...Force base on the outskirts of town into its national hub, and the sleepy town's fortunes were changed. Before Airborne, the unemployment rate was 9.8%; two-thirds of Wilmington High School graduates had to leave to find work. But after years of double-digit growth at Airborne, high-tech firms like Technicolor are moving to town to take advantage of Airborne's easy access to world markets. Unemployment is now less than...

Author: /time Magazine | Title: THE GREAT ESCAPE | 12/8/1997 | See Source »

GETTING INFO-TECH OFF THE GROUND A Bethesda company finds a hard-wired niche...

Author: /time Magazine | Title: THINKING BIG | 12/8/1997 | See Source »

...Money Daily takes a look at one measure in particular: the NASDAQ, battered by turmoil in the semiconductor industry. A tech slump may be here to stay...

Author: /time Magazine | Title: The Front Page | 12/2/1997 | See Source »

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