The Cincinnati Metropolitan Area
Cincinnati was undoubtedly hurt by the last recession, but it was affected less than the U.S. or Ohio, at least where employment is concerned. Throughout the recovery, Cincinnati’s employment fell more slowly than the rest of the U.S. and for fewer weeks. Moreover, since the last business cycle peak in March 2001, the city has added about 1% to its nonfarm employment (roughly the same rate as the U.S. average). Ohio, in contrast, suffered a 3% loss.
Suggested citation: "The Cincinnati Metropolitan Area," Federal Reserve Bank of Cleveland, Economic Trends, no. 05-12, pp. 15, 12.01.2005.