Rust Belt
Rust Belt definition - finance
An
area of the United States that once was strong in
manufacturing and steel production but has declined in the last 30 years;
the region includes states in or near the Great Lakes region, such as
Pennsylvania, Ohio, Michigan, and other states. The exact states that comprise
the Rust Belt vary depending on who is using the term. Others that may show up
on lists include Illinois, Indiana, Wisconsin, parts of upstate New York, and
New Jersey.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Comments
Improve this definition.
Browse dictionary definitions near Rust Belt
Share on Facebook