Tuesday, Jul 26, 2016
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Economy

Economic indicators fall 3rd month for metro area

Toledo’s economic indicators dropped in October, finishing worse than those for Akron, Cincinnati, Cleveland, and Columbus but better than those for Dayton and Youngstown among Ohio’s major metro areas.

The latest report from the Ohio Department of Job and Family Services shows the leading economic indicator index for metro Toledo slipped 0.3 point in October to 86.8, indicating that local employment would drop during winter. The index dropped for a third straight month after rising for three months.

The statewide rate rose to 91.1, which indicates employment growth. Akron’s index measure was 99.5, Cincinnati’s 98.1, Cleveland’s, 87.2; and Columbus’ 99.9. Dayton’s was 85.1 Youngstown’s was 86.6.

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