Economy
A New Way to Rank Economic Growth in America's Metros
Individual prosperity and inclusion by race and income matter in a new Brookings report.
It’s often said that cities are engines of economic growth. But no two engines are built alike—and not every engine drives all passengers to the same place.
That’s one way of phrasing why many economists feel that simple metrics of growth, such as gross metropolitan product, jobs, or wages, don’t sufficiently measure growth in machines as complex as cities.