Trenton Archive
Trenton, New Jersey, has a complex economic and labor history shaped by its strategic location and evolving industries. Founded in the early 18th century, Trenton’s early economy benefited significantly from its position along the Delaware River and near the Assunpink Creek, which facilitated transportation and trade. During the American Revolution, Trenton was the site of the pivotal Battle of Trenton in 1776, which underscored its strategic importance. Moreover, the colonial era was defined by a number of industrial ventures, starting with Stacy Mahlon’s grist mill. By the early 19th century, the city had begun to establish itself as a manufacturing hub, particularly in the iron and pottery industries. The Trenton Iron Works, founded in 1830, became a major player in the city's economy, leveraging the abundant local resources and transportation links.
Despite its growth, Trenton faced significant challenges in the mid-20th century as manufacturing began to decline. The post-World War II era saw many industries relocate or shut down, a trend accelerated by global competition and technological advancements. By the 1970s, the city’s manufacturing workforce had dwindled significantly, contributing to a rise in unemployment and urban blight. In 1970, Trenton's unemployment rate was around 8.6%, compared to a national average of 4.9%. This economic downturn led to a decrease in population, with the city’s residents dropping from a peak of over 128,000 in 1950 to about 85,000 by the early 1980s.
The early 21st century has seen continued efforts to revitalize Trenton’s economy. Major projects have included infrastructure improvements and redevelopment of historic sites to attract tourism and investment. For instance, the renovation of the Trenton Thunder baseball stadium and the development of the Trenton Arts District are part of a broader strategy to enhance the city’s appeal. Despite these efforts, Trenton has faced persistent challenges, including economic inequality and a relatively high poverty rate, which was approximately 25% in 2020, compared to the national average of 11.4%.
In recent years, Trenton has focused on leveraging its historical and cultural assets to drive economic growth. Initiatives such as the Trenton Cultural Trust aim to promote local arts and cultural events, fostering community engagement and economic development. The city has also seen growth in the public sector, with local government and educational institutions providing stable employment opportunities. As of 2024, Trenton’s population remains stable at around 84,000, and efforts to attract new investments and businesses continue to be a key focus for local leaders and economic developers.