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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
May 15-21, 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.
Fisher: How cities can gain the edge
(Cincinnati Enquirer, May 16, 2012)
The current state economic leadership needs to better understand the unique role that Ohio's cities and metropolitan regions play in Ohio's economic growth. Creating urban hubs of innovation linked to Ohio's knowledge centers, including our colleges, universities, research institutions and hospitals, is the key to catalyzing regional and state economic growth.

Editorial: All shook up
(Akron Beacon Journal, May 17, 2012)
The governor rightly has proposed a higher severance tax on oil and gas drilling, seeking to turn the additional revenue into an annual income tax cut of $40 for the typical Ohioan. Better that money in your pocket, or pooled for education?

Ohio economic development agencies to consider tax breaks, loans to 20 companies
(The Plain Dealer, May 18, 2012)
Several of the companies confirmed that they are seeking aid to expand operations but declined to make formal comments until after the boards meet and award economic development incentives.

Economic News Mixed In Ohio
(Ohio News Network, May 18, 2012)
According to the Ohio Department of Job and Family Services, unemployment was 7.5 percent in March and dropped to 7.4 percent the following month.

Casino money ready to flow
(Columbus Dispatch, May 19, 2012)
Construction costs alone for four casinos will approach $1.5 billion. Millions more were spent convincing Ohioans that casino gambling would give the state a much-needed economic jolt - a campaign debt that as of January was still being paid off.

Wayne forest has good reasons not to allow oil-gas leasing
(Athens News, May 20, 2012)
Community members in contact with Wayne National Forest officials regarding their review process of deep-shale high-volume horizontal drilling and fracturing (HVHF) have been alarmed to hear them defending plans to resubmit parcels to the BLM. This would be unconscionable.

Editorial: Fractious on fracking
(Toledo Blade, May 20, 2012)

Ohio seeks to reap the economic benefits of greatly increased oil and natural-gas extraction through the enhanced use of hydraulic fracturing, or fracking, coupled with modern drilling techniques. Before that can occur, Gov. John Kasich and the General Assembly must figure out how to tax the practice fairly and regulate it effectively.


Rural poor face unique challenges
(Toledo Blade, May 20, 2012)
Forty-five percent of all residents in Adams, Pike, Vinton, Meigs, and Morgan counties fall below that level. Five counties -- Scioto, Lawrence, Jackson, Gallia, and Athens -- are just slightly better, with 40 to 45 percent of the population having that poverty distinction. That compares with 35.1 percent in Lucas County or 30.9 percent in Franklin County, home to the state capital, Columbus.

Northeast Ohio's economy could get boost it needs from gas drilling
(The Plain Dealer, May 21, 2012)
Northeast Ohio's economy continues to grow at a steady but modest clip, thanks largely to an old friend -- manufacturing -- but observers see a powerful new catalyst on the horizon.

Doubled-up living at a record high, but trend seems on its way down
(Middletown Journal, May 21, 2012)
The Great Recession forced throngs of Ohioans to double up with family and friends, helping to fuel a dramatic increase in the number of multi-generational households.

Area's Fortune 500 firms attract others
(Middletown Journal, May 21, 2012)
Fortune 500 companies based in this region, including AK Steel Corp., have a bigger impact on local communities than most people realize, management and development experts say.

         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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