Economic Innovation Group reveals Distressed Community Index for US zip codes

During a recent meeting of the Waukegan City Council, discussions centered on the pressing issue of household prosperity and community distress, as highlighted by a study from the Economic Innovation Group. The study, which provides a Distressed Community Index (DCI) for every zip code in America, aims to identify areas facing economic challenges.

Council members emphasized the importance of understanding these distress levels to better address the needs of residents. The DCI serves as a valuable tool for local leaders, allowing them to pinpoint where assistance is most needed. By examining the data, the council hopes to develop targeted strategies that can uplift struggling neighborhoods and enhance overall community well-being.

In addition to the DCI discussion, the meeting included various updates on local initiatives aimed at improving economic conditions. While specific details were not elaborated upon, the council's commitment to fostering household prosperity was evident throughout the session.

As Waukegan moves forward, the insights gained from the Economic Innovation Group's study will play a crucial role in shaping policies and programs designed to support residents and promote a thriving community. The council's focus on these issues reflects a broader goal of ensuring that all citizens have the opportunity to achieve economic stability and growth.