Economy

In the 19th century, the city of Amsterdam was known for carpet, textile, and pearl button manufacturing. It continued to be a center for carpet-making in the 20th century, when the Bigelow-Sanford and Mohawk Mills Carpet companies both were located in Amsterdam, but these companies have relocated to other regions. Amsterdam was also the home of Coleco, makers of the ColecoVision, Cabbage Patch Kids and the Coleco Adam. Founded in 1932 as the Connecticut Leather Company, Coleco went bankrupt^[9] in 1988 after a failed attempt to enter the electronics market, and pulled out of Amsterdam, as well as its other North American manufacturing sites.
The enclosed shopping center is named the Amsterdam Riverfront Center. Once filled with clothing shops, the mall complex has been adapted for offices of doctors, public assistance services, community organizations, a radio station WCSS, and an off-track betting site.
Media in Amsterdam includes one print newspaper, The Recorder, an online newspaper, The Mohawk Valley Compass, and two AM radio stations, WVTL and WCSS.