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|Weekly News and Opinion from Ohio's Newspapers|
June 8 - 14, 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.
|Beige Book: Regional economy on upswing (Cincinnati Business Courier, June 9, 2010) Ohio's economy has become less bleak in recent months, as manufacturing
and construction have trended upward. |
Port authority OK's rail deal (Tiffin Advertiser Tribune, June 9, 2010) The Sandusky County/Seneca County/City of Tiffin Port Authority Board of
Directors approved a five-year agreement with Northern Ohio and Western
Railway, part of OmniTRAX, during its meeting Tuesday.
Editorial: Wind power for development (The Plain Dealer, June 11, 2010) The Brookings Institution think tank has a suggestion that should appeal
to Great Lakes policymakers: Set up a series of federally funded energy
laboratories aimed at speeding new products and technologies to market
-- and do it where there already are top-shelf university, research and
manufacturing assets on which to build.
Tourism Season: Tourism means big money in Ohio (Marietta Times, June 12, 2010) Ohio seems to be making its way out of a slight slump that started in
2008 with a poor nationwide economy, and local tourism officials are
expecting an increase in visitors this summer.
NOACA approves funds for several area projects (News Herald, June 12, 2010) Road construction workers and transit bus drivers in Lake, Geauga,
Cuyahoga, Lorain and Medina counties will soon be a little busier. The Northeast Ohio Areawide Coordinating Agency on Friday approved $59
million in federal and state funds for several projects in the
Decaying neighborhoods changing Habitat's mission (Dayton Daily News, June 13, 2010) It's a common phone call to the United Way of Greater Dayton's HelpLink
211 line, that of desperate homeowners with little resources needing a
roof patched, a porch fixed or a paint job on their aging home.
About 8 percent of Ohio's private sector jobs linked to exported goods (Dayton Daily News, June 12, 2010) The Ohio Department of Development calculates that 362,000 jobs in the
state are tied in some way to exports, while the U.S. Department of
Commerce reports that 7.9 percent of Ohio's private sector jobs are
linked to exports - well above the 5.9 percent for the rest of the
Editorial: An energy revolution for the Great Lakes (Akron Beacon Journal, June 13, 2010) Brookings cites the region's strengths, its manufacturing prowess, the
new energy work already in progress, its accounting for roughly
one-third of all academic and industry research and development
performed in the country. Imagine the benefit to the region of such
restructuring, the initiative encouraging a whole much greater than the
sum of its parts.
Dayton-Cincinnati corridor plays major role in export business (Dayton Daily News, June 13, 2010) NCR is gone. So is the General Motors facility at Moraine. And the
Dayton-area economy last year was hammered by the U.S. recession. Yet throughout the corridor running from Greater Dayton in the north to
Cincinnati in the southwest, a number of small and large companies are
finding hope by increasing sales to such faraway places as China, Mexico
OSU hospital expansion to deliver up to 10,000 jobs (Columbus Dispatch, June 13, 2010) ProjectONE, the biggest construction project in the university's
history, will position Ohio State to become a top-20 academic
medical center. It also will have a huge impact on central Ohio's
economy with the creation of as many as 10,000 permanent
full-time jobs and more than 5,000 construction jobs.
Jersey Township wants to retain tight control (Newark Advocate, June 14, 2010) Officials in this western Licking County area recognize the completion
of the Ohio 161/37 expressway project could change the face of their
township, but they want to make sure they have a say in how things
develop along the corridor.
It's a tough jobs market, kids (Lancaster Eagle Gazette, June 14, 2010) Nationwide, one in five young workers, those 16 to 24 years old, were
looking for jobs but couldn't find one in April, according to the U.S.
Bureau of Labor Statistics.
Arena debt not a concern for now, county officials say (Toledo Blade, June 14, 2010) Lucas County's gleaming new Huntington Center
arena has been a crowd-pleaser thus far with Walleye fans and
concert-goers, as well as with downtown Toledo's rebounding restaurant
and tavern establishments.