The Ohio Economy
Ohio started 1995 with one of its lowest unemployment rates in recent years - 4.5%. While that rate was not sustained, the state stayed consistently below the US average throughout 1995 and into 1996. This represents a major turnaround from last decade's Rust Belt period, when Ohio had one of the highest jobless rates in the nation.
Suggested citation: “The Ohio Economy,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-05, pp. 14, 05.01.1996.