Metro Mix — Cleveland, Ohio

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

Cleveland Metro Mix (August 2017) | PDF

Overall, economic conditions were stable in the Cleveland metro area during the first half of 2017. While employment growth has been weak, the unemployment rate has declined in recent months. The housing market remains strong, with both home price growth and the number of building permits issued at or near their highest levels since the recovery began in June 2009. However, all of the indicators except building permits show that Cleveland’s growth continues to be weaker than that of Ohio and the nation. Read more…