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|Weekly News and Opinion from Ohio's Newspapers|
February 21 - 27, 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.|
Three years later, where did stimulus money go?
(Cincinnati Enquirer, February 21. 2012)
The largest single local stimulus spending item was $203 million set aside for Duke Energy's installation of "smart "meters" in Southwest Ohio. It also made Duke the sixth largest recipient of stimulus money in Ohio and the largest private recipient in the state.
Cleveland Clinic extends innovation collaboration
(The Plain Dealer, February 22, 2012)
The Cleveland Clinic is pairing with New York's North Shore-Long Island Jewish Health System to share its expertise in developing and marketing medical innovations.
Ohio home sales see big jump in January
(Dayton Daily News, February 23, 2012)
Ohio home sales jumped 12.9 percent in January from the same month last year, the largest year-over-year percent gain for January in 10 years, according to the Ohio Association of Realtors. But sale prices remained weak.
Acme lays off 45 workers
(Akron Beacon Journal, February 23, 2012)
Forty-five workers, or 2.3 percent of Acme Fresh Market's staff, have been given layoff notices, effective at the end of this week.
Facts, figures and comments ...
(Wooster Daily Record, February 24, 2012)
In Wayne County there have been 6,864 wells drilled, 1,966 of which are producing. Those wells have produced some 3.1 billion cubic feet of natural gas and 355,409 barrels of crude oil. Annual royalties paid to landowners amount to nearly $5 million.
Toledo nets 6.25% more in taxes than in 2010
(Toledo Blade, February 24, 2012)
The city of Toledo collected 6.25 percent more taxes last year than in 2010, a promising sign that the city's finances -- and the local economy -- are on the mend after the devastating years of recession.
Cincinnati jobs base should grow in '12, despite P&G cuts
(Cincinnati Business Courier, February 24, 2012)
Cincinnati's economy should continue to grow and add thousands of jobs in 2012, closely tracking the performance of the national economy.
Editorial: Achievement test
(Akron Beacon Journal, February 25, 2012)
David James, the superintendent of Akron Public Schools, outlined briefly in his State of the Schools address on Wednesday the new realities confronting the school system: Curriculum standards are rising; testing is more rigorous; the careers of teachers and principals are on the line with new performance assessments; the demand for workers with post-secondary education has risen. Funding sources have tightened up.
Local sales tax collection increase sign of improving economy
(Middletown Journal, February 26, 2012)
Sales tax collections in two of Ohio's top growing counties increased in 2011 over 2010 and in Warren County the amount is the highest it has been in five years, a newspaper examination shows.
Despite bump in sales-tax revenue, many in Valley fail to feel upswing
(Youngstown Vindicator, February 26, 2012)
The people, however, are still feeling the brunt - whether because of high gas prices, high grocery prices or any other inflation-impacted good or service.
Mid-Ohio track big tourist draw
(Mansfield News Journal, February 26, 2012)
According to the bureau, 68 percent of Mid-Ohio's visitors are from Ohio with the majority traveling between 50 and 100 miles to the track.
Editorial: All together now, a useful motto for Ohio's public universities
(The Plain Dealer, February 26, 2012)
It's not merely that these institutions thought out of the old "we-need-it-let's-build it" box. It's also that they were willing to set aside things already on their individual drawing boards to push building improvements that meshed with local work-force needs.
100,000 jobless facing unemployment benefit changes
(Dayton Daily News, February 27, 2012)
Thousands of Ohioans could see their extended unemployment benefits cut short as early as this spring as the federal government pares back the duration of benefits from an unprecedented 99 weeks.