Metro Mix — Columbus, Ohio
Snapshots of economic conditions and prospects for MSAs in the Fourth District
Columbus Metro Mix (June 2017) | PDF
The labor market in the Columbus metro area continues to be strong. In March, the area’s unemployment rate fell to its second-lowest level (3.9 percent) since the early 2000s. As of third quarter 2016, year-over-year employment in the metro area expanded by 2.2 percent—twice as strong as Ohio’s rate of employment growth during the same period. The issuance of residential building permits improved in 2016 and has been strong through the first three months of 2017, while home prices rose roughly 5 percent in the area in March on a year-over-year basis. Finally, the metro area’s income and GDP growth accelerated in 2015. Read more...
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Columbus—Local Labor Market Remains Robust
The labor market in the Columbus metro area continues to be strong. In March, the area’s unemployment rate fell to its second-lowest level (3.9 percent) since the early 2000s. As of third quarter 2016, year-over-year employment in the metro area expanded by 2.2 percent—twice as strong as Ohio’s rate of employment growth during the same period. The issuance of residential building permits improved in 2016 and has been strong through the first three months of 2017, while home prices rose roughly 5 percent in the area in March on a year-over-year basis. Finally, the metro area’s income and GDP growth accelerated in 2015. Read More
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Columbus—Strong Employment Gains and a Low Unemployment Rate
Employment growth in the Columbus MSA was stronger in percentage terms than the gains experienced statewide or nationally. Home prices have risen at an annual rate of 5 percent since 2013. Household financial conditions are stable. Read More
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Columbus – Growth Continues, but at a Moderate Pace
Most segments of the Columbus metropolitan area’s economy continue to expand. Read More
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Columbus – Expansion Continues on Pace
Most segments of the Columbus metropolitan area’s economy continue to expand. On net, the Columbus economy is the strongest metro area in the Buckeye State and one of the strongest in the Midwest. Read More
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Columbus — Continuing to Expand at a Solid Rate
Most areas of the Columbus metropolitan area’s economy continue to expand. The outlook for the region remains solid throughout 2015. Read More
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Columbus — Expanding in Most Areas of Its Economy
Most areas of the Columbus metropolitan area’s economy continue to expand. The outlook for continued strong growth is favorable as the metro area capitalizes on its highly educated workforce, diversified economy, and moderate population growth. Read More
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Columbus — Continuing Along the Path of Growth
Most areas of the Columbus metropolitan area’s economy continue to expand. The outlook for continued strong growth is favorable as the metro area capitalizes on its highly educated workforce, diversified economy, and moderate population growth. Read More
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Columbus — Leading the State to Recovery
The Columbus metro area continues to outperform all other Ohio MSAs and most others in the Midwest. Read More