Columbus is the capital and largest city in the U.S. state of Ohio, the state's third largest metropolitan area behind Cleveland and Cincinnati, and the fourth largest city in the American Midwest. In 2008, Columbus was the 16th largest city in the United States, with 754,885 residents, and was also the 32nd largest metropolitan area, the fourth largest city in the Midwest, and the third most populous state capital in the U.S. The city has a diverse economy based on education, insurance, banking, fashion, defense, aviation, food, logistics, steel, energy, medical research, health care, hospitality, retail, and technology.