Syracuse, New York bouncing back

Upstate Syracuse is emerging as the new Bangalore for corporate America looking to bring operations back home.

Home to an industrial wasteland and low-wage economy, Syracuseā€™s plight may be the catalyst for its economic future, analysts say.

New research from the Hackett Group has catapulted Syracuse ā€” population 145,000, approximately, nearly 2 percent lower than in 2000 ā€” to No. 1 among midsize US cities that are becoming alluring alternatives to India and other offshore destinations.