2009 SUMMARY

WHAT IS THE DASHBOARD? The Dashboard of Economic Indicators provides an extremely detailed analysis of the key factors tied to economic growth in 136 metropolitan areas in United States, including Northeast Ohio’s four metropolitan statistical areas (MSAs).

HOW DOES THE FUND USE THE DASHBOARD? The Dashboard helps guide the Fund’s economic competitiveness work, and it helps measure the region’s economic progress.

WHAT TIME PERIOD DOES THE LATEST DASHBOARD COVER? It is important to remember that because of the time lag involved in collecting and reporting economic data the 2009 Dashboard report is based on data that is primarily from 2007, and in some cases from 2006.

WHAT DOES THE DASHBOARD SAY ABOUT THE REGION’S ECONOMIC PERFORMANCE? The 2009 Dashboard provides encouraging signs that the region is making progress in key factors tied to economic growth. However, the region’s overall economic performance continues to lag the rest of the nation.

Signs of Progress:The following rankings highlight the improvement the region is making in three key factors tied to growth in per capita income. The rankings is out of 136 MSAs.

SKILLED WORKFORCE AND R&DMSA 2006 2007Akron 68 58Canton 118 114Cleveland 64 61 Youngstown 127 124

TECHNOLOGY COMMERCIALIZATIONMSA 2006 2007Akron 58 83Canton 83 76Cleveland 98 68 Youngstown 133 135

RACIAL INCLUSION AND INCOME EQUALITYMSA 2006 2007Akron 79 74Canton 41 41Cleveland 121 121 Youngstown 84 80

2006

RACIAL INCLUSION & INCOME EQUALITY

GROWTH FACTORS140

105

70

2006

SKILLED WORKFORCEAND R&D

GROWTH FACTORS140

105

70

2006

TECHNOLOGY COMMERCIALIZATION

GROWTH FACTORS

140

105

70

Four Key Measures of Economic GrowthPER CAPITA INCOME GROWTH

Short Term Change(2002-2005)

Short Term Change(2003-2006)

Short Term Change(2004-2007)

MSA

. . . % Change Rank Quartile

. . . % Change .Rank Quartile % Change

. Rank Quartile

Akron, OH 2.4 82 3 3.1 102 3 3.8 84 3 Canton-Massillon, OH -1.1 125 4 -0.5 130 4 1.5 118 4 Cleveland-Elyria-Mentor, OH 1.1 103 4 3.6 96 3 4.1 80 3 Youngstown-Warren-Boardman, OH-PA 0.4 111 4 0.8 122 4 2.4 105 4

EMPLOYMENT GROWTH Short Term Change

(2002-2005)Short Term Change

(2003-2006)Short Term Change

(2004-2007)

MSA % Change . . Rank Quartile % Change Rank Quartile % Change Rank Quartile

Akron, OH 4.6 42 2 3.6 84 3 2.3 100 3 Canton-Massillon, OH -4.0 131 4 -2.4 134 4 -1.8 131 4 Cleveland-Elyria-Mentor, OH -1.0 123 4 0.0 124 4 -0.1 125 4 Youngstown-Warren-Boardman, OH-PA -0.9 121 4 -0.2 127 4 -1.3 130 4

GROSS METROPOLITAN PRODUCT GROWTH Short Term Change

(2002-2005) Short Term Change

(2003-2006)Short Term Change

(2004-2007)

MSA % Change Rank Quartile % Change Rank Quartile % Change Rank Quartile

Akron, OH 7.4 82 3 4.3 103 4 2.9 108 4

Canton-Massillon, OH 1.0 123 4 -2.0 130 4 -2.3 132 4

Cleveland-Elyria-Mentor, OH 5.9 94 3 3.6 110 4 -0.2 127 4

Youngstown-Warren-Boardman, OH-PA 2.5 114 4 3.5 111 4 0.0 126 4

GROWTH IN PRODUCTIVITY Short Term Change

(2002-2005)Short Term Change

(2003-2006)Short Term Change

(2004-2007)

MSA % Change

. Rank Quartile % Change Rank Quartile % Change Rank Quartile

Akron, OH 2.7 109 4 0.7 113 4 0.6 92 3 Canton-Massillon, OH 5.3 67 2 0.4 115 4 -0.5 112 4 Cleveland-Elyria-Mentor, OH 6.9 49 2 3.5 74 3 0.0 101 3 Youngstown-Warren-Boardman, OH-PA 3.5 96 3 3.8 70 3 1.3 80 3