Marshall's Mill was one of the first of many factories constructed in Leeds from around 1790 when the most significant were woollen finishing and flax mills. Manufacturing diversified by 1914 to printing, engineering, chemicals and clothing manufacture. Decline in manufacturing during the 1930s was temporarily reversed by a switch to producing military uniforms and munitions during the Second World War. However, by the 1970s, the clothing industry was in irreversible decline, facing cheap foreign competition. The contemporary economy has been shaped by Leeds City Council's vision of building a '24-hour European city' and 'capital of the north'. The city has developed from the decay of the post-industrial era to become a telephone banking centre, connected to the electronic infrastructure of the modern global economy. There has been growth in the corporate and legal sectors, and increased local affluence has led to an expanding retail sector, including the luxury goods market.