📊 Cleveland Fed unveils powerful new economic data tool for public. The Federal Reserve Bank of Cleveland has launched a platform giving citizens access to near-real-time regional business conditions data. The SORCE (Summary of Regional Conditions and Expectations) indexes have informed the bank's Beige Book and monetary policy for over a decade. Collected every six weeks, the data reveals what businesses across Ohio, western Pennsylvania, eastern Kentucky and northern West Virginia are saying about economic factors like demand, prices and employment. The comprehensive dataset spans from 2014 through 2024, with the next update scheduled for March 5.
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📺 Retired TV newsman Tim Taylor will face a roast for charity. The former Cleveland television personality, who worked from the 1960s until 2005, has donated his career memorabilia to the Bedford Historical Society. In exchange for his generous contribution, Taylor will be the guest of honor at a fundraising dinner where he'll be roasted. Taylor was part of a legendary Cleveland news team that included Denise Dufala, Dick Goddard, and Wilma Smith during his decades-long broadcasting career.
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✈️ Royal couple spotlights Cleveland's women's aviation museum in surprise shoutout. Prince Harry and Meghan Markle's Archewell Foundation featured the International Women's Air & Space Museum as part of their Women's History Month celebration. The museum, dedicated to preserving women's contributions to aviation and aerospace, was caught off guard by the unexpected recognition. Museum president Marcy Frumker hopes the royal endorsement will attract new visitors to learn about these trailblazing women. The Cleveland institution offers free exhibits seven days a week and operates entirely through donations, memberships, and grants.
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Affordable fixer-upper needs TLC: A $79,500 Colonial in Tremont offers investors a solid 4-bedroom fixer-upper with good bones in a sought-after neighborhood, though it requires significant repairs to unleash its potential.
Budget duplex good for investors: This $42,500 duplex in Cleveland features two 2-bed/1-bath units, a 3rd floor efficiency apartment, and shared basement. This Fannie Mae Homepath property offers a spacious layout in the heart of the city.
Condemned duplex investment opportunity: Bargain alert: This $24,900 Cleveland duplex, currently condemned by the city, needs complete renovation but promises strong returns with potential Section 8 rents over $1,000 per unit after rehab.