Cincinnati Economy Grew Modestly in 2022, Trailing National Average
• Greater Cincinnati's economy grew 1% in 2022, tying Milwaukee and slightly ahead of Columbus, but trailing the national average of 2.1% for major metro areas
• The region's growth was slowed by a sluggish manufacturing sector and delayed pandemic recovery compared to Sunbelt regions
• Cincinnati's $186.1 billion economy is the 28th largest in the U.S. and 5th biggest in the Midwest, larger than 17 state economies
• Professional/business services drove 1.5% growth, but contraction in wholesale trade cut region's growth by 0.5%
• Slower population growth and heavy manufacturing dependence caps Cincinnati's economic growth compared to hotspots like Austin and Nashville