Cincinnati is seeing sustained growth from a solid foundation, says LaVaughn Henry, head of the Cincinnati Branch of the Cleveland Fed
The economy in the Cincinnati metro area continues to deliver strong results, according to LaVaughn Henry, vice president and senior regional officer at the Cincinnati Branch of the Federal Reserve Bank of Cleveland. Henry says growth coming from the leisure and hospitality and construction sectors, supported by a diversified manufacturing base, "provide opportunities for the region to grow long into the future."
For more of Henry's insights on economic conditions in the greater Cincinnati area, see our latest Cincinnati Metro Mix.
The latest Cleveland Metro Mix was also released today. And in case you missed them, check out these recent Forefront articles about the region served by the Cleveland Fed – Ohio, eastern Kentucky, western Pennsylvania, and the northern panhandle of West Virginia.
Federal Reserve Bank of Cleveland
The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.
The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.
Doug Campbell, email@example.com, 513.455.4479