The Future is Now: Akron’s Dynamic and Inclusive Economy

Authors

Iryna Lendel, Cleveland State UniversityFollow
Iryna Demko, Cleveland State UniversityFollow
Merissa Piazza, Cleveland State UniversityFollow
Matthew Ellerbrock, Cleveland State UniversityFollow

Document Type

Presentation

Publication Date

7-24-2019

Research Center

Center for Economic Development

Abstract

• The economic trends in Northeast Ohio (NEO) over the last 20 years are typical of the Midwest region, with a positive increase in output outpaced by the state of Ohio, and the United States
  
  
• The double recessions of 2001 and 2007-2009 show a deeper output decline in NEO than in comparable Midwest regions and the United States
  
  
• Traditionally, industries with high regional specialization that have a competitive advantage and drive regional economies are called economic base industries
  
  
• Groups of Regional Industry Drivers (GRIDs) are part of the economic base of a region 2

Repository Citation

Lendel, Iryna; Demko, Iryna; Piazza, Merissa; and Ellerbrock, Matthew, "The Future is Now: Akron’s Dynamic and Inclusive Economy" (2019). All Maxine Goodman Levin School of Urban Affairs Publications. 0 1 2 3 1683.
https://engagedscholarship.csuohio.edu/urban_facpub/1683