 However, within approximately a century, the decline and collapse of that industry in New England placed the city into a deep recession.Lowell's "rebirth", partially tied to Lowell National Historical Park, has made it a model for other former industrial towns, although the city continues to struggle with deindustrialization and suburbanization.Lowell is considered the "Cradle of the American Industrial Revolution", as it was the first large-scale factory town in the country.