Joseph Dean is NCRC’s Racial Economic Junior Research Specialist. He started off as a research intern here at NCRC in the spring 2023 before being brought on full time. He holds a Master’s degree in Economics from Howard University. His research interests include environmental economics, international trade, and racial and class inequality. In his free […]
Complete the form to download the pdf: Yes, send me updates by email about NCRC research, events and news. Download Now Complete the form to download the pdf: Download (Download) July 3, 2025 Scott KnittlePrincipal Deputy General CounselOffice of the General CounselRules Docket ClerkUS Department of Housing and Urban Development451 Seventh Street, SWRoom 10276Washington, DC.
The economy added 139,000 jobs in May while the unemployment rate remained unchanged at 4.2%. While one-month job gains were solid, gains for March were revised down by almost 48%. The BLS revised its numbers twice in the past two months, meaning March’s numbers were revised in April, then again in May. These downward revisions
NCRC member organizations pursue a range of missions that fit broadly under the umbrella of promoting economic equity for all Americans. The research team at NCRC supports those members in many ways, including providing assistance in quantifying the impact of our members’ efforts in their communities. One Houston, TX-based community development financial institution (CDFI) offers
The racial wealth gap remains one of the biggest economic inequity problems facing the United States today. With its origins in chattel enslavement of Black Americans, the gap remains a stark reminder of the societal costs of these insidious practices. Long after abolition, neighborhood redlining and instances of racial terror, such as the 1921 Tulsa
Business Ownership and Its Role in Maintaining the Racial Wealth Gap Read More »
The Tennessean, May 14, 2025, Nashville Experiencing Most ‘intense’ Gentrification In US, New Report Says Nashville exhibited the most “intense” gentrification of any U.S. city between 2010 and 2020, beating out cities with long histories of racial and cultural displacement like Washington, D.C. and the San Francisco Bay Area, according to a National Community Reinvestment
Nashville experiencing most ‘intense’ gentrification in US, new report says Read More »
Citylimits, February 6, 2025, Tale of Two Cities: Report Finds Stark Racial Wealth Gap Among New Yorkers “The gains in average wealth of white households have come from multiple sources including business assets and rental properties while Black and Hispanic households’ gains have come overwhelming[ly] from home equity,” said Joseph Dean, racial economic junior research
Tale of Two Cities: Report Finds Stark Racial Wealth Gap Among New Yorkers Read More »
A new analysis of gentrification and displacement since 1980 — with interactive maps.
Analysis of Topline Figures in the May BLS Report The economy added 177,000 jobs in April while the unemployment rate remained at 4.2%. The February and March job gains were revised down by 15,000 and 43,000, respectively. The April job gains came primarily in the healthcare and education (+58,000), transportation and warehousing (+29,000), and leisure
The Trump Administration’s trade war continues to roil both the financial markets and key economic indicators, such as consumer sentiment. The anxiety around the market has even spread to the US Treasury market, where the damage could cause borrowing costs for households to rise, especially for home mortgages. A bond is essentially a loan, either
How Tariffs Drive Up Mortgage Costs and Undermine Homeownership Read More »
