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EXPLORESmart Cities Dive · 3h ago

The American Dream has evolved. Cities need to catch up, a new report says.

Executive Brief

The 30-second read

Recent findings from McKinsey and the W.K. Kellogg Foundation indicate that economic mobility requires more than just income growth. Municipalities must prioritize integrated investments in public health, employment infrastructure, and community connectivity to foster resident success.

  • 01Economic mobility depends on a multifaceted approach beyond simple individual income metrics
  • 02Urban centers require strategic investments in health and job creation to support growth
  • 03Community connection is identified as a critical pillar for long-term resident prosperity
  • 04City leaders must adapt infrastructure to reflect the evolving requirements of the American Dream

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London Business News: Executive Guide

AI-generated summary · Verify at source

Economic mobility depends on far more than income, the McKinsey Institute for Economic Mobility and the W.K. Kellogg Foundation found. Cities must also invest in health, jobs and community connection to help residents thrive.