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

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
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
Short film from the Fed explores good jobs not requiring a bachelor’s degree
New short film (~6 mins) from the Fed explores good jobs not requiring a bachelor's degree. Meet Jaime Pearson and learn about her opportunity occupation in Toledo, Ohio. 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

Understanding the Disconnect between Economic Development and Workforce Development Systems

The economic development field encourages business and job growth, while workforce development ensures individuals have the education, skills, and training needed to obtain jobs. This report provides perspectives on alignment as well as challenges and opportunities for greater alignment between the two systems, using stakeholder input from the Federal Reserve Bank of Cleveland’s Fourth District. Read More
Profit with a Purpose: Manufacturing Success for Cincinnati’s Second-Chance Citizens

For the formerly incarcerated, questions abound: What is the next step? Where can I get a job? How can I begin rebuilding my life? One Cincinnati company is providing answers. Read More
Making Change: Addressing Skills-training and Employment Needs for Returning Citizens

Finding a quality job is important for both formerly incarcerated individuals and the communities in which they live. One Cleveland-area program is helping, but the need for additional support for this vulnerable population is great. Read More
Strong Recovery for Whom? Trends in Dayton, Ohio, and Pittsburgh, Pennsylvania, Exemplify Growing Earnings Gaps between Minority and White Workers Present in Many US Regions

The gap in earnings between the typical white and minority worker grew in these two metro areas more than any other metro area during a 10-year period encompassing both the Great Recession and subsequent recovery. The reasons for the growing gap differ, reflecting divergent trends existent across the country. Read the report.
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