OPELIKA, AL – NOVEMBER 20, 2016: Pepperell Mill, which manufactured textiles, burned in 2013 after years of inactivity.
In much of the United States, global trade and technological innovation has failed to produce the prosperity hoped for by political and business leaders. Yet despite formidable economic challenges, some localities are flourishing. In Lee County, Ala., unemployment is below the national average despite the loss of thousands of manufacturing jobs, and the key to the county’s resilience may be Auburn University, which provided a steady source of employment during recessions and helped draw new businesses to replace those that fled. CREDIT: Bob Miller for The Wall Street Journal