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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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Weekly News and Opinion from Ohio's Newspapers
April 24-30, 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.
Cleveland envisions a floating office park to lure the creative class
(The Plain Dealer, April 25, 2012)
Eckstut and Akins came upon the concept fairly deep in the planning process. They were interviewing stakeholders on the lakefront in the fall of 2010 when they happened upon a quirky young crew of software engineers, the staff of LeanDog, who had moved aboard the old Hornblower's the winter before.

Jobless rate falls in all 88 counties
(Columbus Dispatch, April 25, 2012)
From Ashtabula County in northeastern Ohio to Hamilton County in southwestern Ohio, all of the state's 88 counties reported a lower unemployment rate in March.

More jobs, smaller labor force lead to drop in jobless rate
(Youngstown Vindicator, April 25, 2012)
The local economy to some degree fits in with the national averages, which show slow growth in job creation, said Tod Porter, professor and chairman of the economics department at Youngstown State University.

Top Northeast Ohio manufacturers post big earnings gains as industrial economy improves
(The Plain Dealer, April 25, 2012)
It's a profitable time to make things in Northeast Ohio. Four of the region's largest manufacturing companies all posted big earnings increases during the first three months of the year, led by 37 percent profit increases from Euclid's Lincoln Electric and Timken Co.

Local economy gets global view
(Columbus Dispatch, April 27,2012)
This year, the Mid-Ohio Regional Planning Commission's annual update on central Ohio's economy extended beyond the region's 12 counties and touched on dozens of foreign countries.

Pennsylvania boom shows Ohio what might be ahead
(Akron Beacon Journal, April 28, 2012)
The boom in Williamsport is creating lines at local restaurants and no vacancies at area hotels. In 2010, the Williamsport area was the seventh-fastest growing economy in the United States with a 7.8 percent growth rate, according to the U.S. Bureau of Economic Analysis. The ranking is measured by percentage change in real gross domestic product by metropolitan area.

Start-up investments at 10-year high in Ohio
(Dayton Daily News, April 30, 2012)
After falling sharply during the recession, Ohio's venture capital investment has seen two consecutive years of growth, and the amount invested in the first quarter of this year was the highest quarterly total in a decade, according to new data.

Editorial: Home-value challenges
(Toledo Blade, April 30, 2012)
Every six years, Lucas County's auditor must review the values of all properties that generate tax revenue, to keep assessments in sync with housing-market trends. This year's revaluation is occurring at a time when U.S. home prices have plunged to their lowest levels in years.

Cincinnati near top of list for those living alone
(Cincinnati Enquirer, April 30, 2012)
A new Census Bureau report shows that despite a recession that put economic pressure on some people to share housing with strangers and relatives, the percentage of Cincinnati households made up people living alone remained at 43 percent. Census data shows 57,941 of Cincinnati's 133,420 households were people living alone.

         Edited and compiled by: Molly Schnoke, Center for Community Planning & Development, Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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