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|Weekly News and Opinion from Ohio's Newspapers|
May 22-28, 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.|
Tourism growing in Cleveland, hotel stays up 5.2% for first quarter of 2012
(The Plain Dealer, May 23, 2012)
Gilbert said the first quarter hotel-booking increase is expected to continue, and not just from major events like the 2013 National Senior games and the 2014 International Gay Games. The new aquarium, museum attractions and the new casino all play a role.
Editorial: Too creative
(Akron Beacon Journal, May 24, 2012)
As with casino gambling and economic development plans that shuffle around existing businesses, one person's gain is someone else's loss. Putting gas stations, restaurants, convenience stores and lodgings at highway rest areas merely would shift money away from business already clustered at interchanges. No new traffic would be generated.
U.S. defense cuts hit home at Ohio tank plant
(Reuters, May 24, 2012)
The city, midway between Toledo and Dayton, weathered the recession fairly well. But Pentagon budget cutting could hurt Lima and Ohio, a state that promises to play a pivotal role in determining the outcome of the November 6 election in which President Barack Obama in seeking a second term in office.
Manufacturing grows in Ohio
(Toledo Blade, May 25, 2012)
Manufacturing in Ohio is growing, according to a recent state report, but in an interesting twist, more manufacturing projects are being built in suburbs or rural areas and away from the borders of the state's three biggest cities -- Cleveland, Columbus, and Cincinnati.
Most job openings in health care, retail, trucking
(Dayton Daily News, May 25, 2012)
Job seekers in the Dayton and Springfield region area most likely to find opportunities in health care, retail and trucking, based on analysis of online help wanted advertisements posted from March to April.
Emotions, economy stymie development of Supper Club site
(Cincinnati Enquirer, May 27, 2012)
Last year, Duke Energy and local economic development agencies studied the land as part of Duke's site readiness program. The study found much potential for development, but also obstacles: access, utilities, and the emotions surrounding the site.
Editorial: Appalachia's despair
(Toledo Blade, May 27, 2012)
The economically isolated region is plagued by a variety of ills: joblessness, drug trafficking and addiction, industrial pollution, poor educational achievement, decrepit housing, inadequate public transportation, high incarceration rates, and a lack of healthy food choices. Many of the residents whom reporter Ignazio Messina talked to expressed resignation bordering on hopelessness.
Failed drug tests hinder hiring at Ohio businesses
(Newark Advocate, May 27, 2012)
Across all industries in the state, 25.5 percent of businesses said they had to dismiss otherwise qualified applicants for an hourly position, but for manufacturing only it was 47.5 percent, according to the survey done by Employers Resource Council for the Alcohol, Drug Addiction and Mental Health Services Board of Cuyahoga County.
Interest in Fenton raises hope for future
(Marietta Times, May 28, 2012)
The entire Valley will be watching with great interest. Fenton's factory tours and gift shop have been huge tourist attractions for decades. Fenton ranked at or near the top of reasons why tourists want to come to the region and spend their money.
Ohio's first 'racino' to open Friday near Columbus; other track owners wait for court case
(The Plain Dealer, May 28, 2012)
The state's first "racino" in Columbus will swing open its doors Friday, ushering in what will likely become a new era of slots gambling at Ohio's seven thoroughbred and harness racing tracks.
Dayton's fiscal outlook better
(Dayton Daily News, May 28, 2012)
The city's cash flow through the first quarter shows signs the economy might be improving, buoyed by increased income tax receipts and a jump in traffic camera enforcement tickets, even as revenue from property taxes continue to fall.