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|Weekly News and Opinion from Ohio's Newspapers|
March 2 - 8, 2010
|Welcome to the latest issue of Economic News from Ohio's Regions, a new 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.
|More college grads needed, report says (Dayton Daily News, March 2, 2010) Currently, 36 percent of Ohio adults ages 25-34 hold an associate or
bachelor's degree, according to figures released Tuesday, March 2, by
Complete College America. According to labor market projections, by 2020, more than 60 percent of jobs will require a college education.|
Fed reports improvement in economy (Akron Beacon Journal, March 3, 2010) Ohio's economy remains slow but there are continuing signs of
improvement here and in parts of surrounding states, according to the
Federal Reserve's latest informal survey of economic conditions.
Schools see benefit of regionalism, but they're years away (Hudsonhub Times, March 3, 2010) Regionalism would ultimately benefit the school district, but a
specific plan for sharing of resources and new tax revenue among
Northeast Ohio communities is "a long way" off, according to Hudson
School Superintendent Steve Farnsworth.
Editorial: Is Ohio on the right track? (Coshocton Tribune, March 3, 2010) Of what benefit would a passenger rail service be to Coshocton or any
other small town not in close proximity to one of the large terminal
cities. As proposed, a rail service, not necessarily high speed, would
service Cincinnati, Dayton, Columbus and Cleveland.
Editorial: Ohio's green economy (Circleville Herald, March 3, 2010) Ohio has more than 1,130 businesses involved in the energy
efficiency industry, according to a new report by Environment Ohio,
"Ohio's Green Energy Economy: the Energy Efficiency Industry.
Wayne's economic activity makes national list (Wooster Daily Record, March 4, 2010) For the past four years, Wayne County has ranked as Ohio's most active
micropolitan area, according to data released by Site Selection
Magazine. But the county has not only performed well when stacked against its
Ohio competition, but actually ranked as the second-most active
micropolitan in the country for 2009, matching its highest-ever ranking
in the publication.
Study eyes impact of jobs gained, lost in Toledo area (Toledo Blade, March 5, 2010) The Center for Regional Development at Bowling
Green State University has prepared a data model to project what the
impact of 100 jobs - either gained or lost - does equal within the
broader economy of 27 counties across northwest Ohio.
Input sought for Crawford's 20/20 Vision (Mansfield News Journal, March 5, 2010) Crawford 20/20 Vision will involve broad participation and build
consensus among residents and business leaders, through developing a
Small business loans down in county (Marion Star, March 6, 2010) The number of federally guaranteed loans to small businesses in Marion County shrank by 95 percent between 2008 and 2009.
Business vs. clean energy: Ohioans pulled 2 ways (Columbus Dispatch, March 7, 2010) Although environmentalists are wary of Brown's support of technology designed to allow utility
companies to burn Ohio coal without emitting carbon dioxide into the atmosphere, they largely back
the senator, who likes to boast that "Ohio really is on the road to being the Silicon Valley of
Commercial real estate's challenges are apparent in downtown Cleveland corridor (The Plain Dealer, March 7, 2010) This corridor is the local face of a national problem -- one that is
troubling in Cleveland but more severe in overbuilt markets like Las
Vegas and Miami and battered cities such as Detroit. Across the
country, a wave of office buildings, shopping centers, hotels,
apartment properties and industrial facilities could be returned to
lenders or foreclosed upon during the next few years.
Alternative-energy push gets bipartisan support (Toledo Blade, March 8, 2010) Ohio politicians from both sides of the aisle
claim to champion the state's push toward using alternative energy as
an economic development tool.
Owner envisions prosperous economic growth through entertainment (Youngstown Vindicator, March 8, 2010) Along with your coffee and gourmet sandwiches, the Lemon Grove Café
serves up live music, local artwork, poetry readings, lecturers and
even discussion groups.
|Study of migratory patterns may help state economically (Columbus Dispatch, March 8, 2010) Starting this spring, Philip Xie will be watching bird-watchers along Lake Erie Xie, an associate professor of recreation and tourism at Bowling Green State University, said he
is more interested in their spending habits than he is in their mating behavior or plumage. "Their net economic value along Lake Erie has never been calculated in recent years," he said.
"We don't know the impact on the state economy.|