Wells Fargo report reveals Indian Country’s “Once-in-a-Seven-Generation Opportunity”

By: Wells Fargo & Company via Business Wire

October 18, 2022 at 08:00 AM EDT

Report focuses on building tribal economic resiliency that sticks

Wells Fargo & Company (NYSE: WFC)

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221018005161/en/

Wells Fargo's new report - Indian Country’s Once-in-a-Seven Generation Opportunity: Building Economic Resiliency That Sticks - analyzes longstanding economic and social inequities facing Native American communities, their underlying resiliency, and what can be done to secure future tribal economic resiliency. (Photo: Wells Fargo)

What:

Wells Fargo collaborated with Boston Consulting Group to create our new report Indian Country’s Once-in-a-Seven Generation Opportunity: Building Economic Resiliency That Sticks that analyzes longstanding economic and social inequities facing Native American communities, their underlying resiliency, and what can be done to secure future economic resiliency through diversification, building capacity, leveraging capital, and forming strategic partnerships.

Why:

While Covid-19 highlighted some of the harshest realities of the disparate treatment of Indian Country, it also surfaced a rare, once-in-seven-generations opportunity to reimagine how Indian Country can position itself – not just for the immediate future, but for decades and centuries to come. A recent analysis by Wells Fargo revealed, for example, that the economies of many tribal nations and communities are heavily concentrated in industries vulnerable to the impacts of an economic downturn, and in particular, gaming and tourism.

The Indian Country’s Once-in-a-Seven Generation Opportunity report offers a framework designed to empower leaders and decision-makers to act on customized recommendations mapped against a given Indian Country opportunity’s resiliency potential, feasibility for implementation, and cultural fit.

Where:

Find more and download the Indian Country’s Once-in-a-Seven Generation Opportunity report at https://www.wellsfargo.com/com/focus/tribal-economic-report/

Video commentary from Dawson Her Many Horses, head of Wells Fargo Native American Finance available here: https://newsroom.wf.com/English/press-room/default.aspx#module-videos

Graphics available upon request

News Release Category: WF-DI