Rust Belt Definition
☆ Rust Belt
that part of the U.S. comprising many of the states of the Midwest and the Northeast, characterized as an area marked by diminishing population, aging factories, decreasing production as of steel and automobiles, etc.
Rust Belt Finance Definition
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.
Browse dictionary entries near Rust Belt
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