However, by the 1950s, manufacturing began to slow, causing industries to relocate and employment to dwindle. In contrast to the growth and industrialization Camden experienced in the early 1900s, there came a drop in population and industry further into the 20th century. Having reached its peak number of manufacturing jobs in 1950, by 1982 it was a quarter of what it had been. After World War II, Campbell's Soup Company and RCA Victor decentralized their production efforts in Camden. This Capital Flight was an attempt to avoid an increase in labor wages which unionized workers were fighting for. The New York Shipbuilding Company, a major contributor of naval units during World War II, shut down in 1967 due to low demand and mismanagement.
