 Between the 1950s and 1990s, due to the declines in the coal industry and agriculture, residents emigrated from this area to other places for work.In the latter part of the first decade of the 21st century natural gas exploration, drilling and hydraulic fracturing used in the gas extraction process have created a dramatic pickup in the local economy.Due to increased revenues in town, the Montrose hospital (the only major hospital in Susquehanna County) was moved from an old and small facility downtown to a large, advanced facility just outside town.