Search Results
Introduction to Cleveland Fed Summary of Regional Conditions and Expectations (SORCE)
This District Data Brief introduces the Cleveland Fed Summary of Regional Conditions and Expectations (SORCE) indexes, which provide a timely summary of economic conditions in the Fourth Federal Reserve District. The SORCE is based on a Bank survey of business and community leaders about regional economic conditions.
The Quality of Jobs Created Since the Start of the COVID-19-Related Recession
Although the employment recovery in the current business cycle has been robust, there remains a question about the quality of the jobs being created. This District Data Brief suggests that, both nationally and across Fourth District states, job growth has generally been tilted toward high-pay industries since the COVID-19-related recession began in February 2020.
How Many Federal Dollars Authorized under Recent Legislation Are Likely to Be Spent in Fourth District States?
Recent legislation such as the American Rescue Plan Act has authorized increased federal spending over the coming years. This District Data Brief analyzes available data to estimate how much this legislation will boost federal spending in Fourth District states.
Report
Community Issues and Insights 2024: A Record-High Share of Respondents Observed a Decline in Affordable Housing
The Federal Reserve Bank of Cleveland’s Community Issues Survey (CIS) collects information semiannually from direct service providers to monitor economic conditions and identify issues impacting low- and moderate-income (LMI) households in the Fourth District, a region that includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. In March 2024, we surveyed nearly 600 organizations that directly serve LMI individuals and communities across our District and received 100 responses (17 percent response rate). The results of this survey are summarized ...