Report

08 May: Fund releases “What Matters to Metros” Report

Economic research plays an essential role in guiding the work of the Fund Fund for Our Economic Future, and helps them identify what matters and other key priorities in their work to advance a growing, opportunity-rich economy for the people of Northeast Ohio.   What Matters to Metros™: Foundational Indicators for Economic Competitiveness helps community leaders identify factors that are associated with economic growth in mid-sized U.S. metropolitan areas in a post-recession economy. Download the Fund’s report and its appendices. This work builds upon six previous iterations (called the Dashboard of Economic Indicators) and assesses the relationship of 55 variables to economic growth across four measures: per capita income, gross metropolitan product (GMP), productivity and employment, between 1990 and 2011. Together, higher education and innovation remain critical ingredients for prosperous, productive communities that generate higher incomes, but are not associated with overall job growth over the period. Many metros that experienced high levels of employment growth…