Despite being hailed as a model for “how cities could recover from the decline of their city’s primary economic engine,” a recent report b Greater Ohio Policy Center indicates that Akron may have fallen behind a bit.
The new “62.4 Report” (the figure references the city’s size in square miles) compares Akron’s economic health to five peer cities — Erie, Pennsylvania; Fort Wayne, Indiana; Hamilton, Ohio; Syracuse, New York; and Worcester, Massachusetts. It looks at trends from 2000 to 2013 in neighborhood stability, city economic strength and demographics. Released Wednesday by the Greater Ohio Policy Center (with support from the John S. and James L. Knight Foundation), the report finds that Akron and its residents are experiencing a “troubling decline in economic health.”
Akron, however, has many initiatives to counter this. They have a plan. As the new mayor, Dan Horrigan states, “Akron is at a crossroads. I will work to ensure that a rising tide truly does lift all ships.”