The leading indicator for the Columbus metropolitan area for July 2025 forecasts employment growth at an annual rate of 1.21% for the next six months.
The Ohio Leading Indicators report uses an annualized growth rate to forecast employment growth for Ohio and its eight largest MSAs for the next six months.
The leading indicator for the Columbus metropolitan area for July 2025 forecasts employment growth at an annual rate of 1.21% for the next six months. Seasonally adjusted nonfarm payroll employment was 1,188,200 in July, a 0.1% increase from June.
The number of initial claims for unemployment insurance in July was 3,731, down 10.1% from the number of claims filed last month and down 10.7% from last year. Average weekly manufacturing hours decreased to 36.4 in July. The valuation of permits for new housing construction in July was $238.0 million, 15.6% lower than in June but 0.5% higher than in July 2024.