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== Economy == {{main|Economy of Greater Cleveland}} [[File:Federal Reserve Bank, Cleveland, Ohio LCCN2010630382.jpg|thumb|left|Entrance of the [[Federal Reserve Bank of Cleveland]] on East 6th Street]] Cleveland's location on the Cuyahoga River and Lake Erie has been key to its growth as a major commercial center.<ref name="economy" /> Steel and many other manufactured goods emerged as leading industries.<ref>{{cite encyclopedia |last=Stapleton |first=Darwin H. |title=Industry |encyclopedia=The Encyclopedia of Cleveland History |publisher=Case Western Reserve University |url=https://case.edu/ech/articles/i/industry |access-date=August 5, 2019 |date=May 11, 2018 }}</ref><ref name="labor" /> The city has since diversified its economy in addition to its manufacturing sector.<ref name="economy" /> Established in 1914, the [[Federal Reserve Bank of Cleveland]] is one of 12 U.S. [[Federal Reserve Bank]]s.<ref name="fed">{{cite web |title=About Us |date=June 29, 2023 |publisher=Federal Reserve Bank of Cleveland |url=https://www.clevelandfed.org/en/about-us/ |access-date=July 7, 2023 }}</ref> Its downtown building, located on East 6th Street and [[Superior Avenue]], was completed in 1923 by the Cleveland architectural firm [[Walker and Weeks]].{{sfn|Johannesen|1999|p=41}}<ref>{{cite encyclopedia |title=Federal Reserve Bank of Cleveland |encyclopedia=The Encyclopedia of Cleveland History |publisher=Case Western Reserve University |url=https://case.edu/ech/articles/f/federal-reserve-bank-cleveland |access-date=August 5, 2019 |date=May 31, 2019 }}</ref> The headquarters of the Federal Reserve System's Fourth District, the bank employs 1,000 people and maintains branch offices in [[Cincinnati]] and [[Pittsburgh]].<ref name="fed" /> [[File:Commerce by Daniel Chester French, 1912 - Cleveland, Ohio - DSC07918.JPG|thumb|upright|''Commerce'' by [[Daniel Chester French]] at the [[Howard M. Metzenbaum United States Courthouse|Metzenbaum U.S. Courthouse]] on [[Superior Avenue]]]] Cleveland and Cuyahoga County are home to ''[[Fortune 500]]'' companies [[Cleveland-Cliffs]], [[Progressive Corporation|Progressive]], [[Sherwin-Williams Company|Sherwin-Williams]], [[Parker-Hannifin]], [[Key Bank|KeyCorp]], and [[Travel Centers of America]]. Other large companies based in the city and the county include [[Aleris]], [[American Greetings]], [[Applied Industrial Technologies]], [[Eaton Corporation|Eaton]], [[Forest City Realty Trust]], Heinen's Fine Foods, [[Hyster-Yale Materials Handling]], [[Lincoln Electric]], [[Medical Mutual of Ohio]], [[Moen Incorporated]], [[NACCO Industries]], [[Nordson Corporation]], [[OM Group]], [[Swagelok]], [[Kirby Company]], [[Things Remembered]], [[Third Federal S&L]], [[TransDigm Group]], and [[Vitamix]]. [[NASA]] maintains the [[Glenn Research Center]] in Cleveland. [[Jones Day]], one of the largest law firms in the U.S., was founded in Cleveland in 1893.<ref>{{cite web |title=Firm History |publisher=Jones Day |url=https://www.jonesday.com/en/firm?tab=history |access-date=August 7, 2022 }}</ref> === Healthcare === Healthcare plays a major role in Cleveland's economy. The city's "Big Three" hospital systems are the [[Cleveland Clinic]], [[University Hospitals Cleveland Medical Center|University Hospitals]], and [[MetroHealth]].<ref>{{cite news |last=Walsh |first=Jonathan |title=Comparing prices at the big 3 local hospitals: Are you getting the best rates and what do the prices really mean? |publisher=WEWS-TV |url=https://www.news5cleveland.com/news/e-team/comparing-prices-at-the-big-3-local-hospitals-are-you-getting-the-best-rates-and-what-do-the-prices-really-mean |date=February 1, 2019 |access-date=May 19, 2023 }}</ref> The Cleveland Clinic is the largest private employer in the state of Ohio, with a workforce of over 55,000 {{As of|2022|lc=y}}.<ref>{{cite report |title=Ohio Major Employers |publisher=Ohio Department of Development |url=https://devresearch.ohio.gov/files/research/B2001.pdf |page=4 |date=December 2022 |access-date=May 24, 2023 }}</ref> It carries the distinction of being one of the best hospital systems in the world.<ref>{{cite news |last=Washington |first=Julie |title=Cleveland Clinic is No. 2 in world after Mayo Clinic |newspaper=The Plain Dealer |url=https://www.cleveland.com/metro/2024/03/cleveland-clinic-is-no-2-in-world-after-mayo-clinic-in-newsweeks-2024-hospital-rankings.html |date=March 1, 2024 |access-date=May 1, 2024 }}</ref> The clinic is led by Croatian-born president and CEO Tomislav Mihaljevic and it is affiliated with [[Case Western Reserve University School of Medicine]].<ref>{{cite news |last=Segall |first=Grant |title=New Cleveland Clinic chief Dr. Tomislav Mihaljevic perplexed friends by leaving Harvard for the North Coast: My Cleveland |newspaper=The Plain Dealer |url=https://www.cleveland.com/mycleveland/2018/04/new_cleveland_clinic_chief_dr_tomislav_mihaljevic_perplexed_friends_by_leaving_harvard_for_the_north_coast_my_cleveland_photos.html |date=April 26, 2018 |access-date=June 21, 2020 }}</ref> University Hospitals includes the University Hospitals Cleveland Medical Center and its [[Rainbow Babies & Children's Hospital]]. Cliff Megerian serves as that system's CEO.<ref>{{cite news |last=Jain |first=Mukesh |title=Academic Life & Leadership: A Dialogue with Cliff A. Megerian, MD, FACS |newspaper=[[University Hospitals Cleveland Medical Center|University Hospitals]] |url=https://www.uhhospitals.org/for-clinicians/articles-and-news/articles/2021/03/academic-life-leadership-a-dialogue-with-cliff-a-megerian-md-facs |date=March 29, 2021 |access-date=May 13, 2021 }}</ref> MetroHealth on the city's west side is led by president and CEO Christine Alexander-Rager.<ref>{{cite news |last=Wizner |first=Taylor |title=MetroHealth appoints longtime exec Dr. Christine Alexander-Rager as new CEO |publisher=Ideastream |url=https://www.ideastream.org/health/2024-10-08/metrohealth-appoints-longtime-exec-dr-christine-alexander-rager-as-new-ceo |date=October 8, 2024 |access-date=November 9, 2024 }}</ref> Formerly known as City Hospital, it operates one of two Level I trauma centers in the city, and has various locations throughout Greater Cleveland.<ref>{{cite web |last=Stewart |first=Shannon |title=Metro Health Medical Center |website=Cleveland Historical |publisher=Cleveland State University |url=https://clevelandhistorical.org/items/show/584 |access-date=July 7, 2023 }}</ref><ref>{{cite news |last=Ross |first=Casey |title=Level 1 trauma: How University Hospitals' new facility has impacted MetroHealth, delivery of care citywide |newspaper=The Plain Dealer |url=https://www.cleveland.com/healthfit/2016/04/level_1_trauma_how_university_hospitals_new_facility_has_impacted_metrohealth_delivery_of_care_citywide.html |date=April 29, 2016 |access-date=August 8, 2023 }}</ref> In 2013, Cleveland's [[Global Center for Health Innovation]] opened with {{convert|235000|sqft|m2}} of display space for healthcare companies across the world.<ref>{{cite news |last=Suchetka |first=Diane |title=After years of hurdles, Cleveland's medical mart officially opens with an Oct. 8 ribbon-cutting |newspaper=The Plain Dealer |url=https://www.cleveland.com/business/2013/10/after_years_of_hurdles_clevela.html |date=October 2, 2013 |access-date=May 14, 2021 }}</ref> To take advantage of the proximity of universities and other medical centers in Cleveland, the [[Veterans Administration]] moved the region's VA hospital from suburban [[Brecksville]] to a new facility in University Circle.<ref>{{cite news |title=V.A. and Military Hospitals of Greater Cleveland |website=Cleveland Memory Project |publisher=Cleveland State University |url=http://www.clevelandmemory.org/va/index.html |access-date=May 14, 2021 }}</ref> {{Multiple image | align = center | perrow = 3 | total_width = 750 | image1 = Cleveland Clinic Miller Family Pavilion.jpg | image2 = University Hospitals Cleveland Medical Center.png | image3 = MetroHealth Medical Center, Cleveland.jpg | footer = Cleveland's "Big Three" hospitals β The [[Cleveland Clinic]], [[University Hospitals of Cleveland|University Hospitals]], and [[MetroHealth]] }}
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