Whatever progress Cleveland has made, it has not been enough to lift the city out of the ranks of the country’s most distressed communities.
The New York Times takes a look at a report being released Thursday, Feb. 25, by the Economic Innovation Group, a new nonprofit research and advocacy organization. The group’s Distressed Communities Index finds, as the newspaper puts it, that “the gap between the richest and poorest American communities has widened since the Great Recession ended, and distressed areas are faring worse just as the recovery is gaining traction across much of the country.”
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By: Scott Suttell, Crain’s Cleveland Business
Read the full article here.
