|Email the Editor|
Thank You to our sponsor:The Ohio Department of Development
|Weekly News and Opinion from Ohio's Newspapers|
May 8-14, 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.|
|Focus of economic summit turns to oil and gas drilling|
(The Review, May 9, 2012)
The Teaming4Success 2012 Economic Summit, sponsored by the Columbiana County Area Chambers of Commerce, Columbiana County Port Authority and the Columbiana County Economic Development Office, continued into its second day at the East Liverpool Motor Lodge on Tuesday, with the spotlight on the burgeoning shale energy industry, and the challenges and opportunities it has brought to the region.
Editorial: Schools in crisis
(Akron Beacon Journal, May 8, 2012)
The Akron Public Schools, to close a $24 million budget hole by the end of the school year, is cutting 202 jobs, including 139 teachers, canceling middle school sports, dropping band and orchestra in the fifth-grade and negotiating labor contracts to reduce health-care costs. The reductions will hold whether or not voters approve a levy for new money in November. And if the levy request is rejected, the school board will need to cut the budget an additional $24 million next year.
Kasich: No more for local governments
(Cincinnati Enquirer, May 10, 2012)
Kasich said he will veto any bill passed by the state legislature that restores local government funds. He held out a glimmer of hope for local communities, however, saying if the state's economy continues to improve, he might reexamine the funding formula.
Report: Valley depends on manufacturing
(Youngstown Vindicator, May 11, 2012)
In the Valley, manufacturing jobs represent 12.6 percent of all jobs, which ranks eighth nationally. The Valley is more dependent on manufacturing jobs than any other part of the state, although Akron and Cleveland are close, ranking 13th and 14th, respectively.
Ohio has fewer migrant workers
(Dayton Daily News, May 12, 2012)
The migrant worker population in the Miami Valley and Ohio is declining, according to new state census data, and some experts believe this is tied to changes in the agricultural economy and fears over tougher immigration enforcement.
Horseshoe Casino brings hope for Cleveland's economy
(Akron Beacon Journal, May 12, 2012)
People in and around Cleveland will soon find out if the new Horseshoe Casino is worth the economic gamble.
Editorial: Toledo's high road to manufacturing rebirth
(Toledo Blade, May 13, 2012)
Toledo and manufacturing form a productive partnership, which continues to support good lives for tens of thousands of area workers and their families. But while manufacturing will always be essential to northwest Ohio's job base, a new report suggests that our Rust Belt community risks getting left behind if we fail to develop a more advanced and diversified manufacturing economy.
Springfield gains stature in jobs quest
(Springfield News Sun, May 13, 2012)
A recent trip by local community leaders to visit legislators in the capital has solidified Springfield's relationships with other economic developers in the Dayton region and highlighted the city's importance to the area's economic success.
Northeast Ohio app developers hope to cash in on app economy
(The Plain Dealer, May 13, 2012)
Some Northeast Ohio developers of online games believe they can make a lot of money in the new "app economy." But with hundreds of thousands of apps available, it's difficult to stand out, and timing is everything.
Tourism rates climb back to pre-recession levels
(Middletown Journal, May 14, 2012)
The uptick in visitors helped boost tourism sales to $40 billion in 2011, but the real driver of growth was an increase in overnight stays, which on average add three times as much to the economy as day trips.
Focus on retaining businesses
(Urbana Daily Citizen, May 14, 2012)
She told the Daily Citizen that the emphasis needs to be on helping businesses stay and expand here. One of numerous attendees at a recent Ohio Economic Development Association training seminar, she noted the competition for luring new manufacturing firms.