The state of Black residents: The relevance of place to racial equity and outcomes
McKinsey Global Publishing PROJECTAbout This Project
Summary
We identify the influence of geography on the economic mobility and quality of life for Black Americans, noting measures to address disparities and enhance opportunities. Highlighting areas with high Black social mobility, we call for improving job quality, preparing the workforce for future disruptions, and supporting Black-owned businesses. Also, we emphasize investing in underserved communities and addressing the unmet needs of Black consumers to unlock $300 billion in potential spending.
Goals & Objectives
The goal of this report is to collectively seek to foster racial equity, enhance economic outcomes, and drive inclusive growth across diverse regions in the United States through McKinsey Black Economic Mobility Institute.
Results & Impact
continues to grow, bringing awareness to the disparities faced by Black Americans, and actionable steps to combat this.
