2020 Memphis Poverty Fact Sheet

I think that the big takeaway is, although there have been cyclical issues, small ups and downs in poverty in Memphis — 2008 and poverty rises and slightly falls in 2017 and this year — in general it’s pretty flat and resistant to change. It’s small cyclical changes on top of a structural problem. This is not about small or even relatively large changes in the national economy. This about the structure of the Memphis economy.