Cleveland Regional Trends
Responses to the Business Cycle
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This Note examines recent economic trends in metropolitan Cleveland. It focuses on events since 1977. It begins by examining the data across all sectors that produce goods and services in the Cleveland area. Section II gives the overall picture, comparing trends for the major industry groups — manufacturing and the several large manufacturing sectors. Section III examines change in the component industries that make up the manufacturing sector. Section IV examines changes in two other local economic measures over the period: unemployment rates and comparative wage levels in manufacturing. Section V draws several conclusions from the analysis that have implications for further research as well as for local development policies.
This report is part of the RAND Corporation Note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.
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