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Weekly News and Opinion from Ohio's Newspapers
August 11 - 17, 2009
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| Greetings! |
| Welcome to the latest issue of Economic News from Ohio's Regions, a new weekly newsletter from the Ohio Urban University Program and the Maxine Goodman Levin College of Urban Affairs, Cleveland State University. We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.
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News From Around Ohio
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Williams touts 500-job project on C-SPAN (Youngstown Business Journal, August 12, 2009) Williams characterized Youngstown's economy as "a mixed bag," coping
with current economic circumstances as well as the lingering affects
of the collapse of the steel industry more than a generation ago. While
the city is feeling the effects of the downturn, he said the city is
"holding its own," and has a number of economic development projects in
the works.
Sustainability summit attempts to bring future into focus (The Plain Dealer, August 12, 2009) The future is not real for too many Americans, and most of us are just
dimly aware of the energy and climate problems we face, a top scientist
and consultant told more than 700 people attending the Sustainable
Cleveland 2019 summit.
Tough call: Raising taxes in tough times (Cincinnati Enquirer, August 14, 2009) Facing an economically stormy forecast, some school districts are sailing around the November elections. The Lakota, Mason, Fairfield, Kings, Princeton and Forest Hills
districts all say they need more money, but they hope calmer financial
waters next year will make voters more likely to approve tax increases.
What's your property worth? Stark County values drop (Canton Repository, August 15, 2009) For the first time since anyone can remember, residential property values are going down, says Stark County Auditor Kim Perez. The shift will affect how much you will pay in property taxes during
the next three years and how much money your schools and governments
will have for next year's operations.
$175 rail project gets under way in Wood County(Toledo Blade, August 15, 2009) Construction will employ about 400 people, Mr.
Ward said, and along with about 200 permanent jobs at the terminal, the
development of warehouses and other distribution-related businesses
nearby is expected to generate as many as 2,600 additional jobs.
Residents, officials want watershed to be accountable (Coshocton Tribune, August 15, 2009) Some residents in an 18-county region in Ohio are concerned about how a $210 million assessment will be spent. The Muskingum Watershed Conservancy District began collecting the
assessment money this year, which will bring in about $10.3 million
annually from about 500,000 land parcels within the district.
Editorial: Vulnerable Budget(Akron Beacon Journal, August 16, 2009) Judge David Fais of the Franklin County Common Pleas Court
didn't aim to expose the fragility of the new state budget. Still, that
was one result of his ruling last week blocking the governor and state
lawmakers from diverting $250 million in tobacco prevention money to
help close a substantial budget hole.
Natural gas pipeline fueling area economy (Newark Advocate, August 16, 2009) A multi-billion dollar, four-year construction project is bringing
immediate and lasting impacts on counties just to the south and east of
Licking County.
Wooster council to considers residency (Daily Record, August 16, 2009) A change at the state level in residency requirements for police and
fire employees will be reviewed by Wooster City Council when it
convenes on Monday for its first meeting since early July.
Ohio's jobless rate jumps to 10.8 percent (Hamilton Journal News, August 16, 2009) Ohio's unemployment rate shot up to 10.8 percent in May, a jump from
the 10.2 percent jobless rate in April and the highest monthly rate in
more than 25 years.
Ohio Coalition pushing for clean energy jobs plan (Chillicothe Gazette, August 17, 2009) About two months after plans were unveiled for a Clean Energy Park Alliance centered around a proposed new nuclear power plant in Piketon, a diverse coalition is strongly urging Congress to pass a comprehensive clean energy jobs plan.
Counties cooperate to fight unemployment (Bucyrus Telegraph Forum, August 17, 2009) Counties in north central Ohio are seeking economic development and work force training grants in hopes of lowering unemployment rates.
Editorial: Bill Faith: Ohio's foreclosure crisis isn't going away soon (Dayton Daily News, August 17, 2009) Despite news in late July that slight dips occurred in foreclosure
filings during the first half of 2009 in some metro areas, Ohio still
is in a mess of trouble. Consider these myths.
After years of decline, Cleveland aims to go green (Times of Malta, August 17, 2009) Orchards and vineyards may soon spring from the blight of thousands of abandoned buildings in Cleveland, a city struggling to rise from years of decline and home foreclosures. Once a proud manufacturing powerhouse, Cleveland has lost nearly 10 per
cent of its population since 2000, the fastest drop of any US city
except for hurricane-hit New Orleans.
Abandoned properties could be saved by government funds (Dayton Daily News, August 17, 2009) Local officials are hoping a "once-in-a-lifetime" shot of money from
the federal government will allow them to stop the housing decay in
some neighborhoods. | |
