CLEVELAND'S ECONOMY

CLEVELAND'S ECONOMY

Consistent with its history, Northeast Ohio continues to be a true innovator. This region houses an array of diverse and growing industries that offer a plethora of exciting employment opportunities.

Once known primarily for its expertise in traditional manufacturing, Northeast Ohio is now on the cutting edge of advanced manufacturing techniques. And, anchored by world-class healthcare institutions like the Cleveland Clinic, University Hospitals and Summa Health Systems, Northeast Ohio has developed into a leader in biomedical innovations as well.

In a 2017 Forbes article, “Cleveland’s Surprising Turnaround And What It Means For New Businesses,” Jeff Epstein, Director of the Cleveland Health-Tech Corridor, is quoted saying, “Cleveland’s a prime location for innovative health-tech and high-tech companies. The heart of Cleveland is a leading biomedical, health-care and technology region. It offers easy access to clinicians, researchers and state-of-the-art lab infrastructure inside worldclass institutions. The cost of living is 30%-60% lower than that of Boston, Silicon Valley, and NYC."

The Northeast Ohio region is also progressively emerging as a powerhouse in the service- and information-based world economy. Headquartered here are financial institutions like KeyBank and PNC, noted legal services such as Jones Day and Squire Patton Boggs and forward-thinking scientific institutions such as the NASA Glenn Research Center (the only NASA facility in the northern United States.

There are many opportunities to grow your career here. For additional information visit clevelandplus.com


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