Reports of regional economic development data

Northeast Ohio Economic Development Climate

Learn about the Northeast Ohio region—an 18-county area with a $238 billion economy, 4 million residents and 2 million workers.

Regional Data

Explore the region’s quarterly employment data and economic reports by sector and county profiles below for in-depth research on NEO regional economic development.

Quarterly Economic & Employment Data Reports

Each quarter, Team NEO produces a Quarterly Economic Review, which takes a deep dive into an individual industry or sector. The report keeps a pulse of Northeast Ohio’s economic performance, providing regional employment data as well as other economic health indicators such as GRP and industrial & office vacancy rates. Follow the links below to find our most recent reports.

Report on Northeast Ohio since the great recession

Northeast Ohio Since the Great Recession

September 2019

Northeast Ohio’s regional economy has steadily added jobs, increased productivity and become more diversified since the Great Recession. This report examines the progress made since the Great Recession and indicates this diversification is key to the region’s resilience in future downturns.

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Report on Northeast Ohio Food and Beverage Manufacturing

Food and Beverage Manufacturing

June 2019

Food and beverage manufacturing gross regional product (GRP) grew 85 percent in Northeast Ohio (NEO) from 2007 to 2018, compared with national growth of 46 percent. This growth is being fueled by technological advances, including the internet of things (IoT), which is a major economic driver in the region.

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Report on Northeast Ohio Manufacturing Momentum

Manufacturing Momentum

February 2019

The $41 billion manufacturing industry makes up 20 percent of the gross regional product (GRP) and subsectors of manufacturing, such as food and computer-and-electronic product manufacturing, are diversifying. More than 21,000 annual job openings are projected each year through 2023.

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Report on Northeast Ohio occupations

Northeast Ohio Occupations

December 2018

Northeast Ohio is projected to add 20,700 jobs across all occupations over the next five years, including 8,500 new healthcare openings for practitioners, and technical and healthcare support personnel.

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Jacob Duritsky

Jacob W. Duritsky

Vice President Strategy and Research (216) 363-5424 jduritsky@teamneo.org