Trending News in Northeast Ohio jobs, economy, labor, immigration, and population
Greater Clevelanders’ favorite past-time is to complain about the weather. But somewhere in their top-five of complaints is probably the attractiveness of our downtown lakefront. As I write this, several projects proposed for the lakefront are in active discussions by community leaders and appear to be competing for the same pieces of real estate.
Read MoreCleveland can energize its lakefront in 10 years. Here’s how… Read More »
Redeveloping one auto plant measuring nearly 2-million-square-foot for a single manufacturer is a pretty big deal. The redevelopment of two of them for a single manufacturer is a bigger deal. The use of them for producing game-changing automotive technologies is about as big as it gets.
Read MoreCleveland-area Ford plants redo to spark local economy Read More »
Presidential candidate Ross Perot in 1992 famously referred to a “huge sucking sound” when it came to jobs leaving the USA. When money starts pouring into a city like Cleveland, it ought to make a sound, too. It is, and people are noticing.
Read MoreCleveland’s profile soars among out-of-state investors Read More »
In case you’ve missed it, and judging by the lack of coverage in local mainstream media you have, but Greater Cleveland’s economy has managed to win some serious momentum in recent months.
September jobs data from the Bureau of Labor Statistics just came in this past week (see chart below). It showed that Greater Cleveland’s employment grew by 2.7 percent compared to September 2017 year-over-year (YOY). That would have been an increase over August’s robust 2.5 percent increase YOY, except that August’s preliminary data was adjusted upward to 2.7 percent in this latest report.
Cleveland’s economy is kicking butt Read More »
A remarkable building boom is under way in Greater Cleveland. Because of a strong economic recovery that’s been picking up momentum here over the past five years, there are more large building projects in the metro area now than at any time in perhaps the past 50 years.
Read MoreCleveland: Nearly 40 towers planned Read More »
There is an incredible story playing out among the spreadsheets and city streets in the Cleveland. On the data side, real estate market observers are watching a remarkable rise in the number of housing sales and prices in the City of Cleveland. At the same time, social service organizations and agencies are witnessing a sad downside — worsening homelessness — that needs to be addressed very soon, preferably before another cold winter sets in.
Read MoreCleveland’s growing home sales AND homelessness Read More »
Cleveland’s East Side, with one big exception, is a mess. It’s got some of the worst urban poverty in the United States and is the reason for Cleveland’s #2 ranking among America’s biggest cities in terms of percentage of residents living in poverty. Only Detroit outranks Cleveland in that regard.
Read MoreLeveraging the Boomtown Read More »
Perhaps you’ve noticed it on the license plates of cars in your neighborhood. Perhaps you’ve noticed it while shopping for a new house. Perhaps you’ve noticed it in the new faces at your child’s school. Perhaps you’ve noticed it on local dating apps.
Something is happening in Greater Cleveland that we’re not accustomed to. They’re coming. Many are already here. Lots of them. Lots of what?
Read MoreCleveland, redefined Read More »
For those who keep track of new real estate developments in Greater Cleveland, they might be noticing something about the location of these developments. Where are most of the planned, proposed, under-construction and recently completed developments? If you said “within walking distance of a Greater Cleveland Regional Transit Authority rapid transit line” you’d be right!
Read MoreTransit station-area development activity paces region-Part 2 Read More »
To anyone who follows real estate development news closely, you are allowed to be surprised by the scale and intensity of development occurring in the cores of our largest cities. And one of the biggest turnarounds anywhere in the USA is occurring in Cleveland.
Read MoreCleveland’s urban core only starting to reawaken Read More »
