States

Our district encompasses all of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. We find it useful to compare data at the state, Metropolitan Statistical Areas (MSAs), county, city, or local levels, where the availability of data makes such comparisons possible. We compare data for the region against data at the national level, too, to gain a sense of how the states we represent in the Fourth Federal Reserve District are faring relative to the nation. Check out our data and analyses, which we update regularly.

States

Advanced Filter

States

An Uneven Recovery: Home Lending in the Fourth District by Race and Income
Focusing on seven counties across Ohio, Pennsylvania, and Kentucky, our researchers used Home Mortgage Disclosure Act data to examine application and origination activity by income and race during the past 27 years (1990–2016). In a 13-year span preceding and following the Great Recession (2004–2016), three trends were consistent across all seven counties. Read More
Lexington—Economy Showing Mixed Signals
The Lexington metro area showed signs of strength in some areas and signs of softness in others. For example, the unemployment rate remains low, but total employment decreased. Read More
Pittsburgh—Job Market Strengthens
Adding enough jobs to accommodate a larger labor force is just one way the Pittsburgh metro area’s economy strengthened: Both GDP per capita and income per capita rose, too. Read More
The Opioid Epidemic and Its Effects: What We Know
With drug overdoses being the leading cause of death for Americans under the age of 50, Cleveland Fed researchers examine the opioid epidemic’s effect on the region. Read their findings.
Labor Market Tightness across the United States since the Great Recession
Though labor market statistics are often reported and discussed at the national level, conditions can vary quite a bit across individual states. We explore differences in these labor market conditions across US states before and after the Great Recession using a ratio of the number of unemployed workers to job vacancies. We show that the intensity of the adverse effects of the recession and the strength of the recovery varied geographically at all points in the process. We also demonstrate that wage growth is delayed until the ratio of unemployed workers to job vacancies returns to prerecession levels. Read More
Unemployment, Vacant Properties, Population Decline: Finding Solutions in Dayton
Explore three ways community leaders in southern Ohio are responding to persistent challenges. Might they work in your region? Read More

Recent Articles

Pittsburgh—Job Market Strengthens

Adding enough jobs to accommodate a larger labor force is just one way the Pittsburgh metro area’s economy strengthened: Both GDP per capita and income per capita rose, too. Read More
Lexington—Economy Showing Mixed Signals

The Lexington metro area showed signs of strength in some areas and signs of softness in others. For example, the unemployment rate remains low, but total employment decreased. Read More
Putting Middle Neighborhoods Back on the Map

Supporting the neighborhoods that are home to as many as 40 percent of residents of urban areas has become a movement. Read More
Opportunity Occupations: A Way Ahead for People without a College Degree

People with bachelor’s degrees typically earn better wages and experience higher employment rates than workers who do not. Yet, more than two-thirds of US adults currently do not have a college degree. Since 2015, the Cleveland Fed, in partnership with Atlanta and Philadelphia Feds, has been exploring these trends by identifying occupations that pay above the national annual median wage and are generally accessible to those without a four-year college degree. Read More
Cleveland—Improved Economic Conditions

Employment is up, unemployment is holding steady, GDP per capita is up, and the housing market appears stable: This metro area’s economic situation has improved. Read More