September 20, 20168 yr Yes but... Cleveland-Elyria was the slowest-growing large U.S. metro in 2015 http://www.crainscleveland.com/article/20160920/BLOGS03/160929979/cleveland-elyria-was-the-slowest-growing-large-u-s-metro-in-2015 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 21, 20168 yr Cleveland poverty numbers drop sharply There's a new story to tell about poverty in Cleveland that is far different than what has been written, and rewritten. Fewer Cleveland residents are living in poverty, new census estimates say. This in a city that has been maligned for years as having one of the highest poverty rates in the country. The reversal of the trend is not simply because the city has been shrinking. The percentage of people in poverty is also down. http://www.cleveland.com/datacentral/index.ssf/2016/09/cleveland_poverty_numbers_drop.html#incart_river_home
September 21, 20168 yr These are the types of baby steps I like to see. Far too long have our "leaders" looked for the silver bullet that was going to reverse irreversible trends.
September 21, 20168 yr Definitely good news that the city is attracting new residents with money. That's a necessity. But the other side of this equation involves the poor neighborhoods becoming increasingly uninhabitable. Stats in the article suggest that some of their former residents have moved to the inner ring while others have left the area. Detroitification of the east side continues.
September 21, 20168 yr 327[/member]: Good analysis. I decided to look at past numbers and here is what I came up with: 2015: 33% of the population is in poverty. 2014: 38% 2010: 33% 2009: 34% 2008: 30.5% (Source) 2007: 27.7% 2006: 24% 2000: 26.3% (Source) 1990: 28.7% (Source) While it's a sharp drop from 2014, it's all based on estimated population figures. If you look at the last concrete population figure, 2010, it's unchanged. I take the figures two ways: 1. People in poverty are moving out to inner-ring suburbs, such as Garfield Heights, or even to East Cleveland. East Cleveland is still bleeding population, practically losing all of its middle-income residents and the influx of low-income residents is not enough to offset the numbers. 2. Some neighborhoods are stabilizing. Midtown and thereabouts has pretty much been gutted or to the point that it's stabilized with low-income residents that aren't going anywhere. And some areas of Midtown, like University Circle, are seeing increases of higher-income populations. I'm unsure about the west side, but I suspect Tremont and Downtown may be impacting some of the poverty numbers.
September 21, 20168 yr The west side is relatively stable and functional. Most of it is still standing, which is nice. There are areas of poverty but they're densely populated and the storefronts are open.
September 21, 20168 yr Weather is a big factor. We don't have the things that balance out bad weather to attract people IMO. I'm a big fan of Cleveland but having a lot of restaurants isn't something that makes people want to move here. Schools and jobs, schools and jobs, schools and jobs. Yeah but if you don't have the restaurants, then you aren't getting that money either. So that's not something to be poo-pooed either. Yeah schools and jobs matter too but no one wants to live in a city with nothing in it recreationally, especially millennials
September 22, 20168 yr 1. People in poverty are moving out to inner-ring suburbs, such as Garfield Heights, or even to East Cleveland. East Cleveland is still bleeding population, practically losing all of its middle-income residents and the influx of low-income residents is not enough to offset the numbers. The numbers in the article don't bear your analysis out. From the article: "While Cleveland's population in poverty shrunk by 17,616 in 2015, the number of suburban residents in poverty increased by 2,163. " That means that there was an absolute drop in impoverished population within the region of approximately 15,500 people. If all we had was a shift in population living below the poverty line from Cleveland to the suburbs than those numbers would close to balance out. It's certainly possible that we're just seeing the region bleeding low income residents to the rest of the nation, or its possible that we're seeing large numbers of low income residents move out of poverty. But the numbers don't really tell us which.
September 22, 20168 yr 1. People in poverty are moving out to inner-ring suburbs, such as Garfield Heights, or even to East Cleveland. East Cleveland is still bleeding population, practically losing all of its middle-income residents and the influx of low-income residents is not enough to offset the numbers. The numbers in the article don't bear your analysis out. From the article: "While Cleveland's population in poverty shrunk by 17,616 in 2015, the number of suburban residents in poverty increased by 2,163. " That means that there was an absolute drop in impoverished population within the region of approximately 15,500 people. If all we had was a shift in population living below the poverty line from Cleveland to the suburbs than those numbers would close to balance out. It's certainly possible that we're just seeing the region bleeding low income residents to the rest of the nation, or its possible that we're seeing large numbers of low income residents move out of poverty. But the numbers don't really tell us which. I noticed that too. Initially I would have thought the same as Sherman as especially these east side suburbs have continued to decline a great deal, and people of greatest means have moved on, but your right, the numbers don't support that to the extent that it is being seen. That's not to say that the general trend of higher incomes continuing to move out to be replaced by lower incomes isn't happening to a greater extent.
September 26, 20168 yr State aid may help region land a new corporate headquarters and a big job expansion by a local firm Northeast Ohio may gain another corporate headquarters if Oak Brook, Ill.-based Sterigenics US LLC consummates a planned move of its executive staff to Broadview Heights that on Monday, Sept. 26, received state aid from the Ohio Tax Credit Authority. The state body also approved incentives for ExactCare Pharmacy LLC of Valley View in hopes of landing a major expansion that could add hundreds of jobs here if Ohio wins an interstate competition for the expansion. Gov. John Kasich's office announced Sterigenics received from the authority an incentive package to create 30 additional jobs at a new headquarters in Broadview and an incentive to help Ohio land the ExactCare expansion with more than 600 jobs. ExactCare also is considering two other states for the project http://www.crainscleveland.com/article/20160926/NEWS/160929825/state-aid-may-help-region-land-a-new-corporate-headquarters-and-a
September 26, 20168 yr LinkedIn Ranks Cleveland As A City Most Likely to Attract Millennials According to the company, mid-sized cities are increasingly attractive to younger generations. By Chris Mosby (Patch Staff) - September 26, 2016 12:59 pm ET CLEVELAND, OH - Cleveland and Akron could be getting younger in the not too distant future if recent predictions hold true. Social media networking site LinkedIn released a list of cities that are rapidly attracting Millennials and the Forest City landed at number four, behind Detroit, Mich. The research found that Cleveland and Akron's most popular industries for Millennial job hunters were Hospital & Healthcare, IT and Services and Insurance. The three most popular employers are the Cleveland Clinic, Progressive Insurance and Goodyear Tire and Rubber. The five cities most likely to attract Millennials in the future are: MORE: http://patch.com/ohio/cleveland/linkedin-ranks-cleveland-city-most-likely-attract-millennials "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
September 26, 20168 yr ^Interesting company with Austin (1), Raleigh/Durham (2), and Charlotte (5) also on the list. Although I'm not sure about Austin, I suppose the cost of living is manageable in those other cities, at least compared to the coasts.
October 6, 20168 yr Cleveland's an 'American Middleweight,' but in some areas, it packs a strong punch http://www.crainscleveland.com/article/20161003/BLOGS03/161009960/clevelands-an-american-middleweight-but-in-some-areas-it-packs-a "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
October 18, 20168 yr Ferro Corp spends $60 million on acquisitions: http://www.crainscleveland.com/article/20161017/NEWS/161019819/ferro-corp-makes-two-acquisitions-for-a-total-of-about-60-million I hope this means they have ruled out sale of the company, which was one alternative in their "strategic alternatives" study undertaken last May. It seems they are moving tohigher-margin branded products and away from bulk commodity chemicals. Remember: It's the Year of the Snake
October 22, 20168 yr ACE Report: Jobs drop in September, but outlook is optimistic October 21, 2016 UPDATED A DAY AGO By SCOTT SUTTELL The end of summer and the start of fall have not been kind to the Northeast Ohio employment market. For the second straight month, Northeast Ohio registered a decline in the size of its payrolls, as calculated in the Ahola Crain's Employment (ACE) Report. In September, seasonally adjusted employment decreased by 1,657 jobs, to 1,172,402 last month from 1,174,059 in August, according to the ACE Report data. That followed a decrease of more than 3,600 jobs from July to August. Both goods-producing and service-producing companies in Northeast Ohio shed jobs in September, the ACE Report found. Payrolls related to goods production fell by 1,539, and service-related regional payrolls fell 118. MORE: http://www.crainscleveland.com/article/20161021/NEWS/161029938/ace-report-jobs-drop-in-september-but-outlook-is-optimistic "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
October 30, 20168 yr Could Cleveland become the sustainable city of tomorrow? As Cleveland expands, urban leaders eye the city’s potential for modeling sustainable growth BY BARBARA ELDREDGE OCT 27, 2016, 10:30A Cleveland’s got more to celebrate than its underdog baseball team. The midwestern city is receiving a surprising amount of attention after the U.N.’s Conference on Housing and Sustainable Urban Development brought together urbanists and planners in an effort to harness best practices for building the cities of tomorrow. Apparently, Cleveland’s economy, climate, rich soil, and ample water supply make it a prime test bed for next-generation initiatives focused on expanding urban areas while protecting and conserving their environmental assets. Southwestern cities are too hot and dry. Northern regions don’t have such fertile soil. In short: Cleveland’s the “just right” porridge for an urbanism-friendly Goldilocks city. MORE: http://www.curbed.com/2016/10/27/13416868/cleveland-ohio-sustainable-development "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
October 30, 20168 yr ^ This is going to have to be a top-down change in mindset. I would never call Cleveland a progressive city. You can barely find a recycling bin downtown. And unfortunately, the soil and water require much more than protection and conservation; they require costly remediation.
November 2, 20168 yr New guy in town: Sterigenetics of Oak Brook, IL moving to Broadview Heights http://www.crainscleveland.com/article/20161030/NEWS/161029785/sterigenics-is-shifting-headquarters-to-michael-petras-home-turf This is another one of those "the company moves where the CEO lives" stories; but it's a good company - privately-owned, $500 million in sales, numerous US and international locations, and it enhances Cleveland's 'biotech center' image. (Kinda bummed after Game 6; needed to post something upbeat) Remember: It's the Year of the Snake
November 2, 20168 yr New guy in town: Sterigenetics of Oak Brook, IL moving to Broadview Heights http://www.crainscleveland.com/article/20161030/NEWS/161029785/sterigenics-is-shifting-headquarters-to-michael-petras-home-turf This is another one of those "the company moves where the CEO lives" stories; but it's a good company - privately-owned, $500 million in sales, numerous US and international locations, and it enhances Cleveland's 'biotech center' image. (Kinda bummed after Game 6; needed to post something upbeat) Nothing new. This is how Solon gained, and then lost, Nestle USA.
November 2, 20168 yr ^ This is going to have to be a top-down change in mindset. I would never call Cleveland a progressive city. You can barely find a recycling bin downtown. And unfortunately, the soil and water require much more than protection and conservation; they require costly remediation. Depends on where. Much of the remediation is only "required" due to strict CERCLA regulations. As this has become a jobs program for consultants, contractors, and (of course) attorneys, it’s unlikely to change anytime soon. As for recycling bins, they are mostly for show, an effort to look like you are Doing Something. Post-consumer recycling is grossly overrated, and I say that with 20+ years experience in and around the industry.
November 2, 20168 yr New guy in town: Sterigenetics of Oak Brook, IL moving to Broadview Heights http://www.crainscleveland.com/article/20161030/NEWS/161029785/sterigenics-is-shifting-headquarters-to-michael-petras-home-turf This is another one of those "the company moves where the CEO lives" stories; but it's a good company - privately-owned, $500 million in sales, numerous US and international locations, and it enhances Cleveland's 'biotech center' image. (Kinda bummed after Game 6; needed to post something upbeat) I don't consider this as very encouraging, and not just because he's locating way out in Broadview Heights. If this company's leaders are so fickle as to move the company closer to each new CEO's home, then NE Ohio isn't likely to keep this business for very long. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 2, 20168 yr I don't consider this as very encouraging, and not just because he's locating way out in Broadview Heights. If this company's leaders are so fickle as to move the company closer to each new CEO's home, then NE Ohio isn't likely to keep this business for very long. I don't know. Aleris came to Cleveland only because of CEO Steve Demetriou. He moved on, the company hasn't. Remember: It's the Year of the Snake
November 2, 20168 yr I don't consider this as very encouraging, and not just because he's locating way out in Broadview Heights. If this company's leaders are so fickle as to move the company closer to each new CEO's home, then NE Ohio isn't likely to keep this business for very long. I don't know. Aleris came to Cleveland only because of CEO Steve Demetriou. He moved on, the company hasn't. True, but they promoted internally.
November 2, 20168 yr I don't know. Aleris came to Cleveland only because of CEO Steve Demetriou. He moved on, the company hasn't. And then there's Figgie International that moved from Youngstown to Willoughby to Virginia and back to Willoughby. Harry Figgie once was quoted saying that he could pick up and move his company's HQ anywhere in the world in two weeks. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 11, 20168 yr Detrex moves HQS to Cleveland http://www.crainscleveland.com/article/20161111/NEWS/161119961/detrex-corp-moves-its-headquarters-to-cleveland It's not huge, but it's a nice add. From the company's press release, it sounds as if they basically fired company officers in Michigan and promoted the local Cleveland people to their jobs. After some tough times, the company is growing again. Remember: It's the Year of the Snake
November 11, 20168 yr Detrex moves HQS to Cleveland http://www.crainscleveland.com/article/20161111/NEWS/161119961/detrex-corp-moves-its-headquarters-to-cleveland It's not huge, but it's a nice add. From the company's press release, it sounds as if they basically fired company officers in Michigan and promoted the local Cleveland people to their jobs. After some tough times, the company is growing again. "Not huge" being an understatement. I think it said it involved 2 new employees, with the main guy staying in Michigan.... I guess we will take it.
November 11, 20168 yr "Not huge" being an understatement. I think it said it involved 2 new employees, with the main guy staying in Michigan.... I guess we will take it. The company shed a bunch of business; it's main continuing business is specialty chemicals. They basically fired everybody in Detroit (except the boss, of course) and gave the people in Cleveland new titles. It's only an add of two jobs for now, but they have righted their ship and are now making money and growing again. With luck, they will grow more. Current sales are about $40 million annualized. Just a guess, but I bet the guy who is staying in Detroit will be replaced sometime in 2017. Remember: It's the Year of the Snake
November 12, 20168 yr Mercy (formerly HealthSpan and before that Kaiser) moved at least some of their offices from Lancaster in Brooklyn Heights to North Point.
November 20, 20168 yr Fifth Third expands to $30 billion its plan to invest in lower-income communities, including Cleveland November 18, 2016 UPDATED 2 DAYS AGO By JEREMY NOBILE Fifth Third Bancorp announced it has expanded to $30 billion a plan to invest in lower-income communities across its 10-state footprint through 2020, and Cleveland will be one of the benefiting markets. The initiative, coming through a partnership with the National Community Reinvestment Coalition, builds on a $27.5 billion commitment the Cincinnati-based bank announced in February by adding $2.5 billion in investments. The new money follows weeks of discussion and meetings with community groups in Cleveland and other large metros in its reach, and more than 200 community-based organizations on how the bank could support residents. The plan calls for $30 billion in community investments through a five-year period with dollars specifically targeting low- and moderate-income communities. Those commitments could be fulfilled through mortgage lending, small business lending, micro-lending and community development lending and investing. MORE: http://www.crainscleveland.com/article/20161118/NEWS/161119350/fifth-third-expands-to-30-billion-its-plan-to-invest-in-lower-income "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 1, 20168 yr Huge news out of Parker today. This should move them up the Fortune 500 list once this deal closes: Parker Hannifin to Buy Filtration Maker Clarcor Companies value the deal at $4.3 billion including debt http://www.wsj.com/articles/parker-hannifin-to-buy-filtration-maker-clarcor-1480598243
December 14, 20168 yr Crain's Cleveland @CrainsCleveland 6m6 minutes ago Cleveland job market looks soft to start 2017, ManpowerGroup finds http://trib.al/U70ct7A "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 14, 20168 yr Author ^0% growth, after anemic growth since the Great Recession, with anemic growth after the 2002 recession. Don't expect any regional growth in population during the 2020 census.
December 14, 20168 yr Not a surprise, seeing that our legislature is focused on unimportant issues to rally their base and not on the economy, brain drain and issues that will make for a solid future.
December 14, 20168 yr Well, at least women can't have legal abortions after 20 weeks. Watch the millennials and businesses pour in now.
December 16, 20168 yr ACE Report: Northeast Ohio posts small employment gain in November Northeast Ohio eked out a small employment gain in November, according to the latest Ahola Crain’s Employment (ACE) Report.Seasonally adjusted employment in November for the seven-county area of Cleveland and Akron measured by the report was 1,172,672, a gain of just 286 jobs from 1,172,386 in October.The change is small, but Jack Kleinhenz, the Cleveland Heights economist who created the ACE Report model noted it was unusual in this respect: The region lost 152 service jobs from October to November, but it added 438 jobs in goods-producing fields."The offset is a turnaround from recent trends where the growth in service jobs offset losses in manufacturing," Kleinhenz wrote in an analysis of the November ACE Report data.The region remains in positive jobs territory from a year ago. Kleinhenz said November employment in Northeast Ohio was up by 4,570 jobs from the like month of 2015. http://www.crainscleveland.com/article/20161216/NEWS/161219874/ace-report-northeast-ohio-posts-small-employment-gain-in-november
December 29, 20168 yr sorry if someone already post this article elsewhere :|-- Chinese investors lifting Cleveland http://usa.chinadaily.com.cn/world/2016-12/28/content_27805997.htm http://www.mainstreetpainesville.org/
December 31, 20168 yr Global X, the Cleveland real estate deal-packager (I'm not sure what else to call them) , which has announced the renovation of 2101 Superior for its headquarters, also announced the renovation of an historic downtown-Louisville building as a boutique hotel. The structure of the deal isn't wholly clear from the report, but it sounds as if Global X will retain some ownership interest. http://www.bizjournals.com/louisville/news/2016/12/22/downtowns-landmark-building-to-become-boutique.html Remember: It's the Year of the Snake
January 3, 20178 yr the clinic ceo withdrew his name from consideration for running the va for trump: http://www.crainscleveland.com/article/20170103/NEWS01/170109976/cleveland-clinic-ceo-out-of-running-for-va-secretary
January 13, 20178 yr Cleveland home price analysis finds 2016 sales topping $100,000 in several neighborhoods, led by Tremont (database) By Rich Exner, cleveland.com on January 12, 2017 at 6:30 AM, updated January 13, 2017 at 8:40 AM CLEVELAND, Ohio - Median single-family home sale prices last year topped $100,000 in five Cleveland neighborhoods, more areas than before the housing crash of 2008, a cleveland.com analysis found. The newcomer to the $100,000-plus market was Ohio City, where the median of $107,000 was up from $75,000 in 2015. Tremont led the way at $174,950, followed by Edgewater ($126,000), University ($115,000) and Kamm's Corners ($113,000). MORE: http://www.cleveland.com/datacentral/index.ssf/2017/01/cleveland_home_price_analysis.html "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 14, 20178 yr Cleveland's among a group of cities outperforming their outlying suburban areas in attracting 'educated millennials' https://t.co/UhJXm4mNQj "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 17, 20178 yr Cleveland named one of America's worst cities for jobs http://www.wkyc.com/mb/news/local/cleveland/cleveland-named-one-of-americas-worst-cities-for-jobs/381946370 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 17, 20178 yr Lol. Weren't we one of the best for jobs like 4 months ago? Don't remember that one. Considering how sluggish construction has gotten around here, I tend to believe the newer report. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 17, 20178 yr I put zero stock in a report (see below for part of the report) that lists Cleveland as 150th out of 150 cities for median income when adjusted for cost of living...even behind New York. Their methodology is severely flawed. Cleveland is plugging along creating jobs, the sky is not falling. Lowest Median Annual Income (When adjusted for cost of living) 146. Detroit, MI 147. New York, NY 148. Newark, NJ 150. Cleveland, OH 150. Hialeah, FL
January 17, 20178 yr But what does anybody expect from a city that rather consistently comes close to if not last annually in economic growth..?
January 17, 20178 yr Lol. Weren't we one of the best for jobs like 4 months ago? Not that recently, but before the convention, yes. This should surprise no one. There was a push to be ready, and a non-economically motivated push is usually followed by a lag.
January 17, 20178 yr So many different publications, websites, news organizations, advertorials, etc. all have different list that come out and get airtime, it's hard to know what's what, especially since they all use different methodologies that suit their needs/audiences.
January 18, 20178 yr So many different publications, websites, news organizations, advertorials, etc. all have different list that come out and get airtime, it's hard to know what's what, especially since they all use different methodologies that suit their needs/audiences. Trust your eyes. How many new commercial structures for an expanded number of employees do you see under construction in Greater Cleveland? "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 18, 20178 yr Author Looking at the Bureau of Labor Statistics, I think we'll be approaching employment levels matching what the region had in 1994... this year. We're way off where the region was employment-wise before 2002.
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