Center for Research & Data | Cincinnati USA Regional Chamber

ECONOMIC INDICATORS

For economic indicators, the Cincinnati region median ranking is 10 of 20

Presented by:

INDICATOR OVERVIEW

  • Regional Real GDP (2023, in thousands of 2017 chained dollars): 10th best of 20
  • Per Capita Real GDP (2023, In 2017 Chained Dollars): 10th Best of 20
  • Fortune 500 Companies (2024): 7th best of 20
  • Total Jobs (2024): 14th best of 20
  • 5-Year Job Growth (2019-2024): 12th best of 20
  • Labor Force Participation Rate (2023): 15th best of 20
  • Regional Exports (2023): 3rd best of 20
  • Per Capita Regional Exports (2023): Best of 20

REGIONAL INDICATOR

Regional Real GDP

2023, in thousands of 2017 chained dollars

Cincinnati Real GDP:

$160.1B

PEER RANK: 10th best of 20

In this dataset, GDP is measured in thousands of 2017 chained dollars instead of current dollars. This measurement is used to make comparisons easier over time.

REGIONAL INDICATOR

Per Capita Real GDP

2023, in 2017 chained dollars

Cincinnati Per Capita Real GDP:

$70,442

PEER RANK: 10th best of 20

In this dataset, GDP is measured in 2017 chained dollars instead of current dollars. This measurement is used to make comparisons easier over time.

REGIONAL INDICATOR

FORTUNE 500 COMPANIES

2024

Cincinnati Fortune 500 Companies

7

PEER RANK: 7th best of 20

NOTE: The Cincinnati region’s total does not include GE Aerospace, which became an independent company in April 2024, because Fortune uses 2023 revenue data. If GE Aerospace had been an independent company in 2023 it would have ranked 140th on the Fortune 500 list and Cincinnati’s rank would jump to 4th among our peers.

REGIONAL INDICATOR

TOTAL JOBS

2024

Cincinnati TOTAL JOBS:

1,196,624

PEER RANK: 14th best of 20

REGIONAL INDICATOR

Labor Force PArticipation Rate

2023

Cincinnati Labor Force Participation Rate:

66.1%

PEER RANK: 15th best of 20

REGIONAL INDICATOR

5-YEAR JOB GROWTH

2019-2024

Cincinnati 5-year Job Growth

2.0%

PEER RANK: 12th best of 20

REGIONAL INDICATOR

REGIONAL EXPORTS

2023

Cincinnati Regional Exports:

$31.2B

PEER RANK: 3rd best of 20

REGIONAL INDICATOR

PER CAPITA REGIONAL EXPORTS

2023

Cincinnati Regional Exports:

$13,736

PEER RANK: Best of 20

All REGIONAL INDICATOR CATEGORIES

POPULATION INDICATORS

Indicators include:
Total Population
Population Growth
Prime Working Age Population
Gen Z Population
Millennial Population

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ECONOMIC INDICATORS

Indicators Include:
Gross Domestic Product
Fortune 500 Companies
Total Job Growth
Job Growth
Labor Force Participation Rate
Regional Exports

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COMMUNITY & HEALTH INDICATORS

Indicators Include:
Medium Household Income
Cost of Living Index
Child Poverty Rate
Violent Crime Rate
Property Crime Rate
Educational Attainment
Degree Completions
Life Expectancy
Food Insecurity

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HOUSING & MIGRATION INDICATORS

Indicators Include:
Building Permits
Net Migration
Typical Home Value
Housing Permit Change
Median Gross Rent
Housing Cost Burden

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INDUSTRY INDICATORS

Indicators Include:
Tech Jobs
Tech Job Growth
Manufacturing Jobs
Manufacturing Job Growth

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DEI INDICATORS

Indicators Include:
Workforce Diversity
C-Suite Diversity
Racial Income Gap
Racial Unemployment Gap
Black/White Educational Attainment

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