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Gary Mendrin
  • Fresno, CA
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Dayton economy. Where is it going?

Gary Mendrin
  • Fresno, CA
Posted Oct 12 2019, 18:02

Hello to Dayton, Ohio investors! I'm interested in the Dayton market and trying to understand what's been happening there since the Great Recession. I've read some of the Dayton CAFR and it says the Dayton Region experienced recent employment growth since 2013, until a reversal in the fourth quarter of 2018 through the first quarter of 2019. But the CAFR also suggested that while the regional job numbers had suffered, the city wasn't so affected. It also says there is a lot of business growth happening or expected soon.

It seems like Dayton was hurt by the recession - but the local government and businesses are working hard to turn things around. I'd like to know if Dayton investors are optimistic and seeing things actually turning around. What caused job losses late 2018? How has the real estate market been affected?

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