Monday, February 4, 2013 at 10:07 AM
New research from the Federal Reserve Bank of Cleveland says America's cities continue to grow poorer - and increasingly that poverty is concentrated in certain neighborhoods. M.L. Schultze of member station WKSU spoke with the lead researcher on what's happened over the last decade ....and about why that's a concern 'beyond' the boundaries of those neighborhoods.
Dionissi Aliprantis lives over on West 4th Street in downtown Cleveland and walks to work each day at the Federal Reserve Bank of Cleveland. That means he’s walking through one of the poorest cities in America-and through a city his own research shows now ranks fourth out of 100 nationwide when it comes to a concentration in poverty in certain neighborhoods.
Economy, Housing/Real Estate, Regional Economy/Business - Analysis and Trends
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