The surprisingly short list of U.S. metro areas achieving inclusive economic growth

Brookings
Richard Shearer and Alan Berube
April 27, 2017

In research and strategy circles around economic growth and development, the concept of “inclusive growth” is all the rage Internationally, organizations including the OECD, World Bank, World Economic Forum, Asian Development Bank, and United Nations Development Program have recently sponsored reports and initiatives devoted to promoting inclusive growth. Several foundations and corporations have also launched efforts to support inclusive economic growth, in both advanced and developing economies.

The Metro Monitor reveals that inclusive economic growth and prosperity proved elusive for most of the nation’s large metropolitan areas in recent years.

However, few of these places achieved inclusive growth. Measured one way—by improving the employment rate, median earnings, and relative poverty—only 11 of the 30 metro areas achieved inclusive economic outcomes: Albany, Austin, Charleston, Columbus, Dayton, Denver, Oklahoma City, Omaha, San Antonio, Tulsa, and Worcester. Similarly, only eight (8) of those 30 metro areas managed to improve inclusive economic outcomes for both whites and people of color: Albany, Austin, Charleston, Denver, Des Moines, Houston, Milwaukee, and San Francisco. The upshot, however, is that from 2010 to 2015, four (4) of the nation’s 100 largest metro areas (Albany, Austin, Charleston, Denver) achieved growth, prosperity, and inclusion that benefited a majority of workers of all races and ethnicities.

Read the full Brookings article here.

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