Black Wealth Data Center
At Bloomberg, we believe in facts and data.
In 2022, Bloomberg Philanthropies’ Greenwood Initiative announced the creation of the Black Wealth Data Center (BWDC). The data platform is a go-to resource for practitioners and policymakers working to address wealth disparities, making relevant data available so they can develop and implement effective programs and policies to help ensure more Americans can achieve the American Dream.
Up until now, the data needed to fully understand why wealth disparities exist and persist has been out-of-date, inaccessible, not disaggregated by race, and not available at the local level. Significant gaps in data across racial groups has historically made it difficult for institutions, policymakers and practitioners to generate research, make investment decisions, and create evidence-based policies.
The BWDC focuses on increasing accessibility to datasets related to assets and debt, business ownership, education, employment, and homeownership. The BWDC also features accompanying content based on that data, such as commissioned reports, news articles, case studies, panel discussions, lectures, and additional analysis tools.