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|Weekly News and Opinion from Ohio's Newspapers|
August 28 - September 3, 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.|
|Education, innovation keys to improving Ohio economy|
(Canton Repository, August 28, 2012)
One of the country's most influential monetary policymakers said generations past have shown two clear markers for lifting Ohio and the nation out of our current economic malaise: education and innovation.
Toledo Express wins $5.7M runway grant
(Toledo Blade, August 29, 2012)
The port authority in May awarded a $9.5 million contract to Miller Brothers Construction of Archbold, Ohio, subject to receipt of FAA funding, to resurface the 10,600-foot-long, 150-footwide runway and install in-runway lights to improve bad-weather landing capability.
Inflation: A cure for the economy?
(Cincinnati Enquirer, August 31, 2012)
Recently, the Bureau of Labor Statistics reported that the rate of inflation for all goods and services from April to July was virtually 0.0 percent. That's right - no inflation. While you might think that this is good news for an economy that is still struggling to find some momentum, it may actually be cause for some concern.
Editorial: Partnership of minds
(Akron Beacon Journal, September 1, 2012)
Researchers at the University of Akron increasingly have become partners with industry, checking or adding to company work. A new Engineering Research Center on Wolf Ledges Parkway is expanding most productively on the relationship, closer ties with the private sector promising to advance significantly the ability of the region to compete in the high-tech economy.
Editorial: Another Ohio
(Akron Beacon Journal, September 2, 2012)
John Kasich loves to tell "Ohio's story," a sunny account of a stunning turnaround, the $8 billion deficit erased, the rise from 48th in job creation in 2009 to fourth in the nation today, a rainy day fund that has grown from pennies to $500 million. "The greatest moral issue in America today is job creation," Kasich told the audience at the Republican National Convention last week.
Local colleges offering new classes for more job opportunities
(Dayton Daily News, September 2, 2012)
Experts say advanced degrees are more important than ever, but institutions need to do a better job of preparing students for the jobs of tomorrow. To that end, nearly every local college is launching new degree and certificate programs this fall.
Mixed report shows Ohio getting boost from manufacturing
(Youngstown Vindicator, September 3, 2012)
Manufacturing has grown by 8.8 per- cent during the last 33 months. The main factor was durable-goods manufacturing, which includes appliances, cars and car parts. This segment added 47,600 positions, an 11.9 percent growth rate.
Gayle Beck: Jobs picture in Ohio: Glass half-empty and half-full
(Canton Repository, September 3, 2012)
The numbers about various segments of the economy offer a mixed bag of encouragement and skepticism about recovery. It's no wonder The Washington Post headlined a recent story "Ohio economy improving, but residents can't feel it."
Editorial: Arcades lease is a big retail play fit for a resurgent downtown Cleveland
(The Plain Dealer, September 3, 2012)
As the downtown areas of older, large American cities struggle to regain vibrancy, retail is often the last sector to rebound. And when it does, it rarely resembles the department-store-based shopping experience that an older generation remembers. Those stores long ago moved to the suburbs, then morphed into big boxes and what developers now call power centers.