Economy

How Racial Equity Can Make Cities Richer

The largest metros would have seen a 24 percent bump in economic growth in 2012 if racial employment disparities didn't exist.

Income gaps between different race groups are bad for the economy. — Income gaps between different race groups are bad for the economy. Flickr/mSeattle

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October 23, 2014 at 5:52 PM EDT

What would happen if everyone in America—black, white, Hispanic, Asian—was on a level playing field?

For one, our cities would be richer.

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Before it’s here, it’s on the Bloomberg Terminal