Regional economic development initiatives need to be guided by research. The Dashboard of Economic Indicators is research that answers two questions:
1. What factors are closely tied to economic growth? 2. How is Northeast Ohio economy performing in those key factors and in terms of growth in per capita income, employment, output and productivity?
The 2008 Dashboard found that Northeast Ohio lags behind most of the nation in those factors tied to economic growth. Not surprisingly the region's overall economic performance also lagged the nation. The 2008 Dashboard uses economic data from 2006, the most recent years available. While the Dashboard does show some signs of improvement, the Fund expects that it will take at least a decade to see significant signs of economic improvement, particularly as measured by per capita income and job growth. To explore the online version of the Dashboard click here. Northeast Ohio's Performance Compared To 136 Metropolitan Areas
The Dashboard Dials show that the region's job growth and income growth fell compared to other regions in the country. And that our region's performance was in the fourth quartile among the 136 metropolitan areas studied in terms of job growth and the third quartile in terms of per capita income.
