With Charlotte seeing improvement in its economic mobility opportunities, an updated tool is being rolled out to showcase what the city has done and what areas still need improvement. Leading on Opportunity, a nonprofit created in 2017 to monitor economic mobility in the city, unveiled on Tuesday an updated version of its Opportunity Compass. The tool, which launched in 2022, measures the city’s progress on improving access and opportunity for Charlotteans. It grew out of a need to monitor economic mobility after Charlotte scored dead last in a 2014 study on economic mobility looking at 50 metropolitans in the U.S. Originally, the tool used data from 2015 to 2019 and measured four factors of economic mobility, which were then broken down into 33 subcategories. At the time, about 200 people were interviewed to determine community priorities. Now, the tool looks at 82 economic mobility indicators and includes data up to 2022. The tool also expanded its community priority survey, reaching out to 650 people. The additional subcategories and voices provide more context and allows users to dive deeper into the nuances of economic mobility. The goal is to make the data transparent and easy to understand, said AJ Calhoun, director of research and impact with Leading on Opportunity. Users can look at the factors, then go deeper into a series of subcategories for free and in one place, Calhoun added.
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