By the NUMBER@1 and NUMBER@2 , the economy of LOCATION@1 was in steady decline as a result of the bankruptcies of ORGANIZATION@1 , ORGANIZATION@2 -LRB- and its successor , ORGANIZATION@3 -RRB- , PERSON@1 , Harding Carpets , and other manufacturers .

By the NUMBER@1 and NUMBER@2 , business in LOCATION@1 was dropping and some companies like ORGANIZATION@1 , ORGANIZATION@2 , PERSON@1 , ORGANIZATION@4 , and others stopped making products .
