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Financial Conditions
Recent Articles
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An Uncommon Crisis: COVID-19 and its Disproportionate Impacts on Vulnerable Communities
When we asked community partners how COVID-19’s disruptions are impacting low- and moderate income families and neighborhoods and traditionally underserved communities, they heard this: the virus is impacting the already vulnerable disproportionately, and in a way that accentuates existing disparities. Read More
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On the Ground in the Fourth District: COVID-19 Impacts on Communities and the Organizations Serving Them
In a follow-up to a report on how COVID-19 is affecting communities and service organizations nationally, the Cleveland Fed reports the insights of more than 600 direct service providers in its own Fourth District. Read more
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Help for Those Facing Eviction Increases to Meet the Challenge of COVID-19
With businesses closed and orders to shelter in place, many tenants—especially those with low- to moderate-incomes—are finding themselves unemployed, unable to pay their rents, and subject to eviction. There are resources to help. Read More
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Columbus—Steady Overall Employment Growth
The Columbus metro area continues to be one of the region’s strongest performers, with a low unemployment rate that continues to fall even as the labor force expands, steady employment growth, appreciating home prices, and low consumer debt and credit card delinquency levels. Read More
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Toledo—Conditions Continue to Improve
Economic conditions in the Toledo metro area continue to improve. The unemployment rate has fallen, and employment levels are holding relatively steady. The housing market is a particularly bright spot, with rising residential building permit numbers, growing home prices, and median home values that exceed their prerecession peak. Read More