While San Francisco (pop. 750,000) planted seeds of growth, New York City (pop. 7,500,000) showed symptoms of shrinkage. Though the city is beefing up its effort to attract new industries, it drives old ones away by reason of costs and congestion, smog and stickups, traffic and taxes that rise in a wry ratio with strikes and relief rolls. Over the last decade, companies have followed the flood of families to suburbia's fresher air and greener acres, draining the city of 17,000 industrial jobs a year. And so far this year, the exodus has continued at a startling...
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