This benefited the US service sector but contributed to a higher dollar and less competitive US industries. Globalization also led to increased capital flows in the US capital markets. GlobalizationвЂ™s Pressure on the Rust Belt To compensate for this, the majority of them began to look elsewhere for cheaper steel and labor, namely from foreign sources. To this day many manufacturers in the Rust Belt are still utilizing expensive and outdated equipment and machinery and struggle with local labor and materials. However, it has seen a sharp decline in recent decades due to the increased cost of domestic labor and capital-intensive manufacturing. It was formerly home to AmericaвЂ™s most important and core industries, such as steel and automobile manufacturing, and once comprised the nationвЂ™s industrial heartland. It ends in northern Illinois, eastern Iowa, and southeast Wisconsin. The Rust Belt area begins in New York State and runs west through Pennsylvania, Ohio, Maryland, Indiana and Michigan. Four years later, these promises are on the ballot for many in the region, and the polls ought to concern the incumbent. President Trump exceeded expectations here in 2016 as he promised to revitalize the struggling region and create jobs and prosperity. The Rust Belt used to be the industrial heart of the US. What is the Rust Belt and Why Does it Matter on Election Day?

Rust belt states