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Metro Mix — Columbus, Ohio

Snapshots of economic conditions and prospects for MSAs in the Fourth District

Columbus Metro Mix (November 2018) | PDF

The Columbus metro area’s economy is stable and continues to strengthen. Every major industry sector in the metro area added jobs in the 12 months that ended with March 2018, generating broad-based employment growth. Home prices in the metro area are increasing, and the rate of building-permit issuance continues to be high. Nevertheless, housing in the metro area remains relatively affordable. Though consumer debt and credit card delinquency rates are rising in the Columbus metro area, they remain at a low, healthy level. Finally, inflation-adjusted GDP per capita, a measure of prosperity and standard of living, is significantly higher in the metro area relative to the state and nation, but from 2016 to 2017, this measure stopped growing locally. Read more...