Thursday, June 8, 2023

BofA: they’re coming to Cleveland

More than 4 million people live within a one-hour drive of downtown Cleveland.
That population supports big-city amenities that are available at small-town prices.
And to the north of downtown is one of the Great Lakes, an ecosystems that
contains 84 percent of North America’s freshwater. If you want it, you have
to come here to get it. And growing numbers of  people are doing just that
(ClevelandWater.com). CLICK IMAGES TO ENLARGE THEM.

Another leading indicator of potential population growth in Greater Cleveland was published this week by Bank of America (BofA), one of the nation’s Big Four banking institutions, serving more than 10 percent of all bank deposits of the United States. In a BofA June report, it put Greater Cleveland among the top metro areas benefitting from pandemic-instigated domestic migration trends, with its positive inflow-over-outflow rate ranking up there with the likes of Austin, Tampa, Orlando and Dallas.

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