Simplify the following text for a Grade 9 native English-speaking person.
Original: The losses in the timber industry in around Albany have led the city to a more diverse economic base for the city , led by retail trade , health care and social assistance , and manufacturing as the three leading aspects of the economy .
Simplified: The losses in the timber industry in and around Albany has lead the city to a more mixed economic base for the city . Lead by Retail trade , Health care & social assistance , and Manufacturing as the three leading aspects of the economy .