Farley, Danziger, and Holzer (sociologists from the U. of Michigan and an economist at Michigan State U., respectively) chart the rise and fall of the economic fortunes of the metropolis and analyzes the area's current prospects, including signs of a nascent recovery, based on six decades of census data and surveys of employers and households. Links are examined between labor market disadvantages, residential segregation, and exclusionary racial views in the current economy.