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States

  • 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

  • Toledo—Improving Housing Market and Employment Situation

    According to the most recent data, economic growth in the Toledo metro area has been strong during the past year, with the metro area outperforming the state as a whole on a number of indicators. This is partially due to the metro area’s concentration of auto and glass manufacturing, industries that grew more strongly in 2016 than manufacturing as a whole. But that is not the whole story—Toledo also had strong growth in financial activities and professional and business services. The region’s solid employment growth since mid-2014 is also reflected in its housing market, where prices are rising almost as fast as in the nation. Read More

  • Neighborhood Change in the Fourth Federal Reserve District: A Multivariate Approach

    This special report provides a description of neighborhood change in the four largest cities of the Fourth Federal Reserve District, Cincinnati, Cleveland, and Columbus, Ohio, and Pittsburgh, Pennsylvania, from 1970 to 2010. Read More

  • Challenging the Kentucky “Uglies”

    Organizations in eastern Kentucky are working to reduce health disparities and build a healthier and more productive population and a stronger regional economy. Read More

  • State of the State: Kentucky

    Annualized payroll employment growth has slowed in the District and the nation, but there are reasons to remain upbeat about the near-term outlook.​ Read More

Recent Articles

  • Stabilizing Local Housing Markets in Cuyahoga County: Blight Elimination

    Ten years removed from the housing crisis, local housing markets are still feeling the negative effects of the collapse. The share of foreclosed homes has declined from peak levels, but blight remains an obstacle to stabilizing local housing markets. Strategic interventions to eliminate blight balance demolition and rehabilitation of homes in order to promote housing market stability. Read More  

  • Home Lending in Cuyahoga County Neighborhoods

    We begin our report on Cuyahoga County, home to the City of Cleveland, with a broad look at application and origination activity over the past 25 years (1990–2015), and then focus on the 12-year period from 2004 to 2015. Read More  

  • Home Lending Reports Reveal that Home Loan Outcomes Vary by Race, Income, and County

    The first two in a series of home lending reports by county examine trends in Cuyahoga and Allegheny and reveal differences for not only the counties, but also for borrowers of different races and incomes. Read More  

  • Home Lending in Allegheny County Neighborhoods

    We begin this report on Allegheny County, home to the city of Pittsburgh, with a broad look at application and origination activity over the past 25 years (1990 to 2015), and then focus on the 12-year period from 2004 to 2015. Read More  

  • Toledo—Improving Housing Market and Employment Situation

    According to the most recent data, economic growth in the Toledo metro area has been strong during the past year, with the metro area outperforming the state as a whole on a number of indicators. This is partially due to the metro area’s concentration of auto and glass manufacturing, industries that grew more strongly in 2016 than manufacturing as a whole. But that is not the whole story—Toledo also had strong growth in financial activities and professional and business services. The region’s solid employment growth since mid-2014 is also reflected in its housing market, where prices are rising almost as fast as in the nation. Read More