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新闻 & 事件 New 澳博官方网站app 研究所 研究 Shows South and West Side Chicagoans Travel Twice as Far for Everyday Goods

New 澳博官方网站app 研究所 研究 Shows South and West Side Chicagoans Travel Twice as Far for Everyday Goods

 

Businesses in North Side neighborhoods have cash buffers three times larger than South and West Side 企业

 

The 澳博官方网站app 研究所 today released new research that reveals Chicago residents on the South and West Sides travel more than twice as far than those 在北区 to purchase groceries and other everyday goods and services. 进一步, 企业 in North Side neighborhoods have cash buffers as much as three times larger than South and West Side 企业, which are a key metric for business resilience. The report builds on previous research released, which examined residents’ access to retail goods and services across Detroit and New York neighborhoods, to help local policymakers better understand the economic vitality of neighborhoods and where to make future investments in efforts create inclusive growth.

The 澳博官方网站app 研究所 today released new research that reveals Chicago residents on the South and West Sides travel more than twice as far than those 在北区 to purchase groceries and other everyday goods and services. 进一步, 企业 in North Side neighborhoods have cash buffers as much as three times larger than South and West Side 企业, which are a key metric for business resilience. The report builds on previous research released, which examined residents’ access to retail goods and services across Detroit and New York neighborhoods, to help local policymakers better understand the economic vitality of neighborhoods and where to make future investments in efforts create inclusive growth.

这份新报告, The Commercial Vibrancy of Chicago Neighborhoods, focuses on locations where residents shop, 包括小企业, and provides a unique view into how far residents must travel to receive goods and services. Small 企业 and neighborhood resiliency are critically important to Chicago’s economic well-being, with 企业 with fewer than 250 employees providing 58 percent of jobs for Chicago residents and 70 percent of jobs in Chicago’s inner city neighborhoods.

“芝加哥的经济很强劲, but not all neighborhoods reflect that strength equally, and these differences potentially place added burdens on the residents who can afford it least,” Diana Farrell, President and CEO, 澳博官方网站app 研究所. 作为城市领导, the private sector and non-profit organizations make community investments, these data provide a roadmap for creating more equitable growth, identifying in granular detail the neighborhoods and zip codes that may benefit from community investments and affordable retail options."

行驶距离

  • In the South Shore and Pullman neighborhoods on the South Side, residents traveled 4.9和4.6英里, 分别, 从家里购买, while residents in the North Side’s West Ridge and North Park traveled 1.9和1.6英里.

商人类型

  • Differences among neighborhoods transcend merchant types—including grocery stores and restaurants. Residents in Chicago’s Lincoln Park neighborhood typically travel 1.4英里到餐馆吃饭, while residents of Hegewisch and South Chicago eat at restaurants 6英里 from home.

社区收入

  • Merchant distances are also distinct among income groups across neighborhoods, revealing greater accessibility in North Side neighborhoods. 在北边的西岭, Rogers Park and Lincoln Park neighborhoods, merchant distances were exactly the same for high- and low-income earners. High-income earners in the South and West Sides are more likely to travel longer distances for goods and services than their lower-income neighbors. High-income earners in the South Chicago neighborhood traveled a median of 5.9 miles, while low-income residents traveled 4.5英里.

小企业财务状况

  • Small business cash liquidity challenges threatens to limit the economic vibrancy of some Chicago neighborhoods. The research shows that the financial pictures for South and West Side small 企业 are much more financially precarious than their counterparts in North Chicago.
  • Businesses in the Englewood neighborhood have the smallest cash reserves, allowing for 5 or fewer cash buffer days, 而在布埃纳公园做生意, 在北区, have more than three times those cash reserves, providing a buffer of at least 17 days were they to face an unexpected cash shortfall.

点击这里阅读报告.

 

 

The 澳博官方网站app 研究所 is a think tank dedicated to delivering data-rich analyses and expert insights for the public good. Its aim is to help decision makers–policymakers, 企业, and nonprofit leaders–appreciate the scale, 粒度, 多样性, and interconnectedness of the global economic system and use timely data and thoughtful analysis to make more informed decisions that advance prosperity for all. 借鉴澳博官方网站app & Co.微软独有的专有数据, 专业知识, 市场准入, the 研究所 develops analyses and insights on the inner workings of the global economy, 框架关键问题, and convenes stakeholders and leading thinkers. 更多信息请访问: JP摩根追逐研究所.com.