Business

Since the mid-1970s, chain retailers have grown significantly in the United States, and now account for a substantial share of retail sales and employment in the retail sector. This rise has raised concerns about the stores’ impact on smaller, family-owned retailers. The advancement of chain retailers is said to have caused the closing of smaller establishments, the decline in downtown retail districts and increased unemployment.

Manufacturing plays a big role in California’s economy. About 10% of residents are employed in manufacturing, which generates $150 billion in value, and the jobs pay well: In 2004 the average income earned in manufacturing was $57,000, 54% more than the state’s median income.