Equitable Growth Profile released for Research Triangle region

Posted by Tuesday, March 31, 2015 9:00:00 AM

Data-driven report analyzes economic opportunity

Triangle J Council of Governments and Kerr-Tar Regional Council of Governments have released the Equitable Growth Profile, a data-driven analysis of economic opportunity for people of color throughout the combined 13-county region. The report was developed by PolicyLink, working with the USC Program for Environmental and Regional Equity (PERE). A 26-member advisory committee of regional leaders in economic development, planning, workforce development, academia, social service organizations, local government and philanthropy provided guidance and review.

 

Released on March 31, 2015, in an event hosted by The Research Triangle Park, the profile presents equity as an economic issue and draws the following conclusions:

GDP (Gross Domestic Product) for the 13-county region could have been more than $20 billion higher in 2012, if there were no racial disparities in income. If the average annual income of each racial/ethnic group had the same average income and work hour as whites, the region’s GDP would have increased by 19 percent.

 

Find the full Equitable Growth profile here.

Find the summary narrative, with implications and recommendations, here.

 

Policy Link and PERE have developed similar profiles for the Piedmont Triad and Cape Fear regions in North Carolina, as well as regions centered in southeast Florida, Kansas City, Omaha and Houston, among others. The project is funded by the U.S. Department of Housing and Urban Development (HUD).

 

For more information, contact John Hodges-Copple, johnhc@tjcog.org, 919.558.9320