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|Weekly News and Opinion from Ohio's Newspapers|
February 14 - 20, 2012
|Welcome to the latest issue of Economic News from Ohio's Regions, a regular weekly newsletter from the Maxine Goodman Levin College of Urban Affairs and Cleveland State University. We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.|
Ohio, local officials tout shale energy opportunities
(Zanesville Times Recorder, February 15, 2012)
The expected job growth necessary to meet the challenge of shale exploration and development -- estimates have ranged from 20,000 to 200,000 -- could help improve Ohio's finances. But long-term benefits will come only with a sustained effort from all stakeholders and community members.
Hardy transit, hardy economy
(Cincinnati Enquirer, February 16, 2012)
Transportation projects spur economic development and create jobs; that's the message in Washington as Congress considers competing House and Senate transportation bills, touted as national priorities for economic development.
Medical mart developer in Cleveland sells off marts elsewhere
(The Plain Dealer, February 17, 2012)
Cuyahoga County is paying MMPI millions of dollars a year to develop and operate a convention center beneath the downtown Mall and a connected four-story showplace of medical equipment. Unlike the other marts MMPI operates, the company will not own the buildings, but must meet minimum benchmarks for convention center occupancy and hotel stays under a contract with the county.
Editorial: University System's next chapter
(Canton Repository, February 17, 2012)
Combining the state's 14 public universities and 23 community colleges into the University System of Ohio was former Gov. Ted Strickland's smartest, longest-lasting achievement. Certainly it laid the foundation for the $350 million capital improvements list that university presidents turned in to Gov. John Kasich this week.
Metro Toledo indicators lag Ohio's, stay same 3 months in a row
(Toledo Blade, February 18, 2012)
Toledo's preliminary index reading for December, released this week by the state agency, was at 86.9. The state index factors in employment, initial jobless claims, average weekly hours in manufacturing, and valuation of housing permits, and uses figures from 2000 as a baseline for 100.
Editorial: Illusion left behind
(Akron Beacon Journal, February 18, 2012)
It is 2012, and Ohio is nowhere near meeting the deadline to have 100 percent of its students proficient in math and reading within two years. No state is, and none will.
Is local economy moving forward?
(News Herald, February 19, 2012)
Professor Robert Trebar has been dean of the School of Business at Lake Erie College since 2004. He offers a generally upbeat read on the economic outlook in 2012 for Lake, Geauga and eastern Cuyahoga counties.
Butler County's biggest economic challenge: jobs
(Middletown Journal, February 19, 2012)
Butler County's biggest struggle to achieve a full economic recovery will be jobs and equipping people with the skills to do them, an issue that has hit the county hard, say local development experts.
Manufacturing strengthens, but has way to go
(Toledo Blade, February 19, 2012)
Going back 10 years before the recession, the decrease is even more striking. In 1998, there were 62,300 manufacturing jobs in Toledo, according to the state's Ohio Labor Market Information. In December, 2011, the most recent month with data available, the metro area had 39,500 manufacturing jobs. That's a decrease of more than 36 percent.